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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Brazilian Real/US Dollar (FOREX:BRLUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.255605 0.255670 0.255605 0.255670 +0.000065
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 Aug 13th, 2018 at 0.258150

short term down The short term trend has been DOWN since Aug 7th, 2018 at 0.266465

Smart Scan Analysis for BRLUSD

Based on a pre-defined weighted trend formula for chart analysis, BRLUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.255605 0.255670 0.255605 0.255670 +0.000065
Prev. Close Volume Bid Ask Time
0.255605 0.255610 0.255730 2018-08-19 14:57:55
Want to analyze Brazilian Real/US Dollar BRLUSD or another symbol? Try our Free Forex Trend Analysis Report.