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Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

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
0.305440 0.307145 0.304430 0.306995 +0.001555
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 Sep 27th, 2017 at 0.314390

short term up The short term trend has been UP since Nov 17th, 2017 at 0.305975

Smart Scan Analysis for BRLUSD

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

-65
Smart Scan Analysis for BRLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.305440 0.307145 0.304430 0.306995 +0.001555
Prev. Close Volume Bid Ask Time
0.306990 0.306520 0.307470 2017-11-17 18:39:59
Want to analyze Brazilian Real/US Dollar BRLUSD or another symbol? Try our Free Forex Trend Analysis Report.