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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

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_BRLAUD
Open High Low BRLAUD Price Change
0.359900 0.361000 0.358015 0.360000 +0.000100
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long term trend has been DOWN since Dec 14th, 2017 at 0.3925

intermediate term down The intermediate term trend has been DOWN since Mar 12th, 2018 at 0.3889

short term up The short term trend has been UP since Jun 15th, 2018 at 0.3598

Smart Scan Analysis for BRLAUD

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

-65
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.359900 0.361000 0.358015 0.360000 +0.000100
Prev. Close Volume Bid Ask Time
0.359900 0.359800 0.360200 2018-06-21 10:23:58
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