Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Brazilian Real/British Pound (FOREX:BRLGBP)

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_BRLGBP
Open High Low BRLGBP Price Change
0.2373 0.2378 0.2373 0.2376 +0.0003
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 down The intermediate term trend has been DOWN since Sep 12th, 2017 at 0.2430

short term down The short term trend has been DOWN since Oct 20th, 2017 at 0.2376

Smart Scan Analysis for BRLGBP

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

-90
Smart Scan Analysis for BRLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2373 0.2378 0.2373 0.2376 +0.0003
Prev. Close Volume Bid Ask Time
0.2373 0.2375 0.2377 2017-10-22 22:19:23
Want to analyze Brazilian Real/British Pound BRLGBP or another symbol? Try our Free Forex Trend Analysis Report.