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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Brazilian Real/US Dollar (FOREX:BRLUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.312805 0.314120 0.311555 0.312120 -0.000685
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 up The intermediate term trend has been UP since Jan 2nd, 2018 at 0.305330

short term up The short term trend has been UP since Jan 19th, 2018 at 0.312175

Smart Scan Analysis for BRLUSD

Based on a pre-defined weighted trend formula for chart analysis, BRLUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.312805 0.314120 0.311555 0.312120 -0.000685
Prev. Close Volume Bid Ask Time
0.312805 0.311970 0.312270 2018-01-22 16:50:00
Want to analyze Brazilian Real/US Dollar BRLUSD or another symbol? Try our Free Forex Trend Analysis Report.