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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_BRLARS
Open High Low BRLARS Price Change
7.0841 7.0862 7.0814 7.0841 0.0000
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long term trend has been UP since Dec 27th, 2017 at 5.6021

intermediate term down The intermediate term trend has been DOWN since Jul 11th, 2018 at 7.0703

short term down The short term trend has been DOWN since Jul 11th, 2018 at 7.1375

Smart Scan Analysis for BRLARS

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

-70
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0841 7.0862 7.0814 7.0841 0.0000
Prev. Close Volume Bid Ask Time
7.0841 7.0826 7.0856 2018-07-17 07:14:56
Want to analyze Brazilian Real/Argentine Peso BRLARS or another symbol? Try our Free Forex Trend Analysis Report.