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Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low BRLRUB Price Change
17.4500 17.4925 17.4500 17.4895 +0.0395
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long term trend has been DOWN since Oct 23rd, 2017 at 17.8030

intermediate term up The intermediate term trend has been UP since Jan 19th, 2018 at 17.7115

short term down The short term trend has been DOWN since Feb 15th, 2018 at 17.4600

Smart Scan Analysis for BRLRUB

Based on a pre-defined weighted trend formula for chart analysis, BRLRUB scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.4500 17.4925 17.4500 17.4895 +0.0395
Prev. Close Volume Bid Ask Time
17.4500 17.4720 17.5070 2018-02-19 10:59:21
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.