Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

Brazilian Real/US Dollar (FOREX:BRLUSD)

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_BRLUSD
Open High Low BRLUSD Price Change
0.268090 0.268095 0.268090 0.268095 +0.000005
Entry Signal

MarketClub’s Trade Triangles for BRLUSD

long term down The long term trend has been DOWN since Nov 3rd, 2017 at 0.303185

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2018 at 0.308300

short term down The short term trend has been DOWN since Jun 13th, 2018 at 0.268240

Smart Scan Analysis for BRLUSD

Based on a pre-defined weighted trend formula for chart analysis, BRLUSD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.268090 0.268095 0.268090 0.268095 +0.000005
Prev. Close Volume Bid Ask Time
0.268090 0.268000 0.268190 2018-06-17 14:59:20
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