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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Brazilian Real/Canadian Dollar (FOREX:BRLCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.392310 0.394925 0.390995 0.394685 +0.002375
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 Aug 22nd, 2017 at 0.395025

short term up The short term trend has been UP since Sep 15th, 2017 at 0.391110

Smart Scan Analysis for BRLCAD

Based on a pre-defined weighted trend formula for chart analysis, BRLCAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BRLCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.392310 0.394925 0.390995 0.394685 +0.002375
Prev. Close Volume Bid Ask Time
0.392310 0.394260 0.395110 2017-09-22 15:31:33
Want to analyze Brazilian Real/Canadian Dollar BRLCAD or another symbol? Try our Free Forex Trend Analysis Report.