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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Brazilian Real/Euro (FOREX:BRLEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_BRLEUR
Open High Low BRLEUR Price Change
0.2331 0.2347 0.2326 0.2330 -0.0001
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term up The long term trend has been UP since Oct 9th, 2018 at 0.234750

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.213700

short term down The short term trend has been DOWN since Nov 13th, 2018 at 0.233595

Smart Scan Analysis for BRLEUR

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

+55
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2331 0.2347 0.2326 0.2330 -0.0001
Prev. Close Volume Bid Ask Time
0.2331 0.2329 0.2331 2018-11-15 21:58:59
Want to analyze Brazilian Real/Euro BRLEUR or another symbol? Try our Free Forex Trend Analysis Report.