Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
ISE FX Brazilian Real FX Spot (NASDAQ:BRB)
Bull Market Weakness (+75) - BRB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BRB
The long-term trend has been UP since Aug 23rd, 2019 at 412.11
The intermediate-term trend has been DOWN since Jul 21st, 2020 at 524.60
The short-term trend has been UP since Jul 31st, 2020 at 521.52
Smart Scan Analysis for BRB
Based on our trend formula, BRB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||421.49||52wk High Date||2018-08-30|
|52wk Low||312.62||52wk Low Date||2018-01-25|