Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Brazilian Real/ (FOREX:BRLRSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_BRLRSD
Open High Low BRLRSD Price Change
29.4745 29.5805 29.3890 29.5515 +0.0770
Entry Signal

MarketClub’s Trade Triangles for BRLRSD

long term down The long term trend has been DOWN since Apr 25th, 2017 at 35.7400

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2018 at 29.7435

short term up The short term trend has been UP since Feb 16th, 2018 at 29.5445

Smart Scan Analysis for BRLRSD

Based on a pre-defined weighted trend formula for chart analysis, BRLRSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BRLRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.4745 29.5805 29.3890 29.5515 +0.0770
Prev. Close Volume Bid Ask Time
29.4745 29.5200 29.5830 2018-02-19 12:45:07
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