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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Brazilian Real/New Zealand Dollar (FOREX:BRLNZD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_BRLNZD
Open High Low BRLNZD Price Change
0.4098 0.4100 0.4088 0.4092 -0.0006
Entry Signal

MarketClub’s Trade Triangles for BRLNZD

long term up The long term trend has been UP since Oct 5th, 2018 at 0.4024

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.3782

short term up The short term trend has been UP since Oct 17th, 2018 at 0.4114

Smart Scan Analysis for BRLNZD

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

+90
Smart Scan Analysis for BRLNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4098 0.4100 0.4088 0.4092 -0.0006
Prev. Close Volume Bid Ask Time
0.4098 0.4088 0.4096 2018-10-19 05:44:39
Want to analyze Brazilian Real/New Zealand Dollar BRLNZD or another symbol? Try our Free Forex Trend Analysis Report.