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Forex Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

Brazilian Real/New Zealand Dollar (FOREX:BRLNZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_BRLNZD
Open High Low BRLNZD Price Change
0.4261 0.4283 0.4247 0.4248 -0.0013
Entry Signal

MarketClub’s Trade Triangles for BRLNZD

long term down The long term trend has been DOWN since Dec 13th, 2017 at 0.4313

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2017 at 0.4411

short term down The short term trend has been DOWN since Jan 8th, 2018 at 0.4299

Smart Scan Analysis for BRLNZD

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

-100
Smart Scan Analysis for BRLNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4261 0.4283 0.4247 0.4248 -0.0013
Prev. Close Volume Bid Ask Time
0.4261 0.4244 0.4252 2018-01-16 12:28:54
Want to analyze Brazilian Real/New Zealand Dollar BRLNZD or another symbol? Try our Free Forex Trend Analysis Report.