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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_BRLRUB
Open High Low BRLRUB Price Change
17.1115 17.2835 17.0600 17.1450 +0.0335
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long term trend has been DOWN since May 14th, 2018 at 17.1520

intermediate term up The intermediate term trend has been UP since Jul 20th, 2018 at 16.7425

short term down The short term trend has been DOWN since Aug 14th, 2018 at 17.3395

Smart Scan Analysis for BRLRUB

Based on a pre-defined weighted trend formula for chart analysis, BRLRUB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.1115 17.2835 17.0600 17.1450 +0.0335
Prev. Close Volume Bid Ask Time
17.1115 17.1300 17.1600 2018-08-17 18:26:59
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.