Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

Brazilian Real/British Pound (FOREX:BRLGBP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_BRLGBP
Open High Low BRLGBP Price Change
0.2446 0.2473 0.2439 0.2469 +0.0023
Entry Signal

MarketClub’s Trade Triangles for BRLGBP

long term down The long term trend has been DOWN since Apr 20th, 2017 at 0.2473

intermediate term up The intermediate term trend has been UP since Aug 16th, 2017 at 0.2466

short term up The short term trend has been UP since Aug 15th, 2017 at 0.2436

Smart Scan Analysis for BRLGBP

Based on a pre-defined weighted trend formula for chart analysis, BRLGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BRLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2446 0.2473 0.2439 0.2469 +0.0023
Prev. Close Volume Bid Ask Time
0.2469 0.2468 0.2470 2017-08-18 18:31:41
Want to analyze Brazilian Real/British Pound BRLGBP or another symbol? Try our Free Forex Trend Analysis Report.