Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Brazilian Real/Canadian Dollar (FOREX:BRLCAD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_BRLCAD
Open High Low BRLCAD Price Change
0.336655 0.336880 0.336170 0.336880 +0.000225
Entry Signal

MarketClub’s Trade Triangles for BRLCAD

long term down The long term trend has been DOWN since Apr 9th, 2018 at 0.377985

intermediate term down The intermediate term trend has been DOWN since Aug 10th, 2018 at 0.339190

short term down The short term trend has been DOWN since Aug 7th, 2018 at 0.346705

Smart Scan Analysis for BRLCAD

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

-90
Smart Scan Analysis for BRLCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.336655 0.336880 0.336170 0.336880 +0.000225
Prev. Close Volume Bid Ask Time
0.336655 0.336580 0.337180 2018-08-17 08:34:26
Want to analyze Brazilian Real/Canadian Dollar BRLCAD or another symbol? Try our Free Forex Trend Analysis Report.