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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Brazilian Real/Canadian Dollar (FOREX:BRLCAD)

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_BRLCAD
Open High Low BRLCAD Price Change
0.39391 0.39391 0.39391 0.39391 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLCAD

long term down The long term trend has been DOWN since May 18th, 2017 at 0.413770

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2017 at 0.392225

short term up The short term trend has been UP since Nov 16th, 2017 at 0.389275

Smart Scan Analysis for BRLCAD

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

-65
Smart Scan Analysis for BRLCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39391 0.39391 0.39391 0.39391 0.00000
Prev. Close Volume Bid Ask Time
0.39391 0.39350 0.39432 2017-11-23 00:35:04
Want to analyze Brazilian Real/Canadian Dollar BRLCAD or another symbol? Try our Free Forex Trend Analysis Report.