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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Brazilian Real/Argentine Peso (FOREX:BRLARS)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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
9.12425 9.19335 9.12425 9.19120 +0.06695
Entry Signal

MarketClub’s Trade Triangles for BRLARS

long term up The long term trend has been UP since Dec 27th, 2017 at 5.60210

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 7.42545

short term down The short term trend has been DOWN since Sep 20th, 2018 at 9.47395

Smart Scan Analysis for BRLARS

Based on a pre-defined weighted trend formula for chart analysis, BRLARS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for BRLARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.12425 9.19335 9.12425 9.19120 +0.06695
Prev. Close Volume Bid Ask Time
9.12425 9.18350 9.19890 2018-09-24 07:04:17
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