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Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

Australian Dollar/Brazilian Real (FOREX:AUDBRL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDBRL
Open High Low AUDBRL Price Change
2.5076 2.5156 2.4939 2.4942 -0.0134
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term up The long term trend has been UP since May 18th, 2017 at 2.42255

intermediate term up The intermediate term trend has been UP since Aug 11th, 2017 at 2.53015

short term up The short term trend has been UP since Aug 18th, 2017 at 2.51110

Smart Scan Analysis for AUDBRL

Based on a pre-defined weighted trend formula for chart analysis, AUDBRL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for AUDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5076 2.5156 2.4939 2.4942 -0.0134
Prev. Close Volume Bid Ask Time
2.5076 2.4915 2.4969 2017-08-18 18:52:10
Want to analyze Australian Dollar/Brazilian Real AUDBRL or another symbol? Try our Free Forex Trend Analysis Report.