BRLUSD (AMEX)

BRLUSD

BRAZILIAN REAL/US DOLLAR

STAY IN CASH

0.2049

Prev.Close

0.2032

Change

+0.0017

Change%

+0.84%

Delayed Intraday Module : ON

BULLISH ENGULFING

SESSION CLOSED

Sold at

0.2032

Open

0.2030

High

0.2054

Low

0.2025

0.2049

Loss%

+0.84%

Signal History

Date	Price	Signal	Change%	AUD100⇨
11/30	0.2032	SELL	+0.8%	102
11/27	0.2042	BUY	-0.5%	103
11/17	0.2049	SELL	-0.3%	103
11/01	0.1994	BUY	+2.8%	101
10/27	0.1993	SELL	+0.1%	101
10/23	0.1994	BUY	-0.1%	101
10/18	0.1976	SHORT	+0.9%	103
10/10	0.1953	BUY	+1.2%	102
09/21	0.2038	SELL	-4.2%	102
09/11	0.2014	BUY	+1.2%	101
08/31	0.2038	SELL	-1.2%	101
08/23	0.2031	BUY	+0.3%	101
08/01	0.2099	SELL	-3.2%	101
07/12	0.2066	BUY	+1.6%	100
07/10	0.2045	SHORT	+1.0%	101
06/30	0.2070	BUY	-1.2%	103
06/23	0.2089	SELL	-0.9%	103
06/21	0.2093	BUY	-0.2%	104
06/16	0.2074	SELL	+0.9%	104
06/01	0.1991	BUY	+4.2%	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 11/30/2023, 1 day ago, when the stock price was 0.2032. Since then BRLUSD has risen by +0.84%.

Market Outlook

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run.

Pattern Description

This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...

Date	Price	Signal	Change%	AUD100⇨
11/30	0.2032	SELL	+0.8%	119
11/27	0.2042	BUY	-0.5%	120
11/17	0.2049	SELL	-0.3%	120
11/01	0.1994	BUY	+2.8%	117
10/27	0.1993	SELL	+0.1%	117
10/23	0.1994	BUY	-0.1%	117
10/18	0.1976	SHORT	+0.9%	119
10/10	0.1953	BUY	+1.2%	118
09/21	0.2038	SELL	-4.2%	118
09/11	0.2014	BUY	+1.2%	117
08/31	0.2038	SELL	-1.2%	117
08/23	0.2031	BUY	+0.3%	117
08/01	0.2099	SELL	-3.2%	118
07/12	0.2066	BUY	+1.6%	116
07/10	0.2045	SHORT	+1.0%	118
06/30	0.2070	BUY	-1.2%	119
06/23	0.2089	SELL	-0.9%	120
06/21	0.2093	BUY	-0.2%	120
06/16	0.2074	SELL	+0.9%	120
06/01	0.1991	BUY	+4.2%	116
05/25	0.2001	SELL	-0.5%	116
05/22	0.2013	BUY	-0.6%	117
05/18	0.2018	SELL	-0.2%	117
05/10	0.2013	BUY	+0.2%	117
05/08	0.2006	SELL	+0.3%	117
05/04	0.2006	BUY	0.0%	118
05/02	0.1989	SELL	+0.9%	118
04/27	0.1994	BUY	-0.3%	118
04/18	0.2017	SELL	-1.1%	119
04/12	0.2003	BUY	+0.7%	118
04/10	0.1974	SELL	+1.5%	118
03/27	0.1912	BUY	+3.2%	115
03/23	0.1896	SHORT	+0.8%	116
03/20	0.1909	BUY	-0.7%	118
03/10	0.1928	SELL	-1.0%	118
03/06	0.1937	BUY	-0.5%	119
02/24	0.1919	SHORT	+0.9%	120
02/17	0.1927	BUY	-0.4%	121
02/15	0.1920	SHORT	+0.4%	122
02/13	0.1923	BUY	-0.2%	123