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Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Australian Dollar/Brazilian Real (FOREX:AUDBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
2.48085 2.49845 2.48085 2.49615 +0.01530
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term down The long term trend has been DOWN since Oct 3rd, 2017 at 2.46075

intermediate term down The intermediate term trend has been DOWN since Sep 7th, 2017 at 2.47720

short term up The short term trend has been UP since Oct 19th, 2017 at 2.49160

Smart Scan Analysis for AUDBRL

Based on a pre-defined weighted trend formula for chart analysis, AUDBRL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AUDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.48085 2.49845 2.48085 2.49615 +0.01530
Prev. Close Volume Bid Ask Time
2.49735 2.49350 2.49880 2017-10-20 17:37:50
Want to analyze Australian Dollar/Brazilian Real AUDBRL or another symbol? Try our Free Forex Trend Analysis Report.