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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Brazilian Real/ (FOREX:BRLVEF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_BRLVEF
Open High Low BRLVEF Price Change
3.1453 3.2266 3.0948 3.0948 -0.0505
Entry Signal

MarketClub’s Trade Triangles for BRLVEF

long term up The long term trend has been UP since Nov 9th, 2017 at 3.3804

intermediate term up The intermediate term trend has been UP since Jan 11th, 2018 at 3.1676

short term down The short term trend has been DOWN since Jan 16th, 2018 at 3.0968

Smart Scan Analysis for BRLVEF

Based on a pre-defined weighted trend formula for chart analysis, BRLVEF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BRLVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1453 3.2266 3.0948 3.0948 -0.0505
Prev. Close Volume Bid Ask Time
3.1453 3.0945 3.0951 2018-01-16 16:47:41
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