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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Brazilian Real/US Dollar (FOREX:BRLUSD)

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.

FOREX_BRLUSD
Open High Low BRLUSD Price Change
0.25644 0.25648 0.25643 0.25644 0.00000
Entry Signal

MarketClub’s Trade Triangles for BRLUSD

long term up The long term trend has been UP since Oct 17th, 2018 at 0.27122

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2018 at 0.26433

short term down The short term trend has been DOWN since Dec 17th, 2018 at 0.25504

Smart Scan Analysis for BRLUSD

Based on a pre-defined weighted trend formula for chart analysis, BRLUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25644 0.25648 0.25643 0.25644 0.00000
Prev. Close Volume Bid Ask Time
0.25644 0.25634 0.25654 2018-12-18 05:30:51
Want to analyze Brazilian Real/US Dollar BRLUSD or another symbol? Try our Free Forex Trend Analysis Report.