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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
0.352800 0.355300 0.350455 0.352700 -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 0.392500

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 0.353000

short term down The short term trend has been DOWN since Aug 16th, 2018 at 0.350475

Smart Scan Analysis for BRLAUD

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

-100
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.352800 0.355300 0.350455 0.352700 -0.000100
Prev. Close Volume Bid Ask Time
0.352800 0.352500 0.352900 2018-08-16 19:25:33
Want to analyze Brazilian Real/Australian Dollar BRLAUD or another symbol? Try our Free Forex Trend Analysis Report.