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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_BRLAUD
Open High Low BRLAUD Price Change
0.3814 0.3817 0.3808 0.3810 -0.0004
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term up The long term trend has been UP since Oct 5th, 2018 at 0.366875

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.347000

short term up The short term trend has been UP since Oct 16th, 2018 at 0.377300

Smart Scan Analysis for BRLAUD

Based on a pre-defined weighted trend formula for chart analysis, BRLAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3814 0.3817 0.3808 0.3810 -0.0004
Prev. Close Volume Bid Ask Time
0.3814 0.3807 0.3813 2018-10-24 00:59:29
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