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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Brazilian Real/Canadian Dollar (FOREX:BRLCAD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
0.354055 0.354055 0.354055 0.354055 0.000000
Entry Signal

MarketClub’s Trade Triangles for BRLCAD

long term up The long term trend has been UP since Oct 17th, 2018 at 0.354130

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.325355

short term up The short term trend has been UP since Oct 2nd, 2018 at 0.324700

Smart Scan Analysis for BRLCAD

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

+100
Smart Scan Analysis for BRLCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.354055 0.354055 0.354055 0.354055 0.000000
Prev. Close Volume Bid Ask Time
0.354055 0.353720 0.354390 2018-10-24 00:12:48
Want to analyze Brazilian Real/Canadian Dollar BRLCAD or another symbol? Try our Free Forex Trend Analysis Report.