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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 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
21384.224 21387.086 21109.647 21119.690 -264.534
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 May 22nd, 2018 at 19732.4640

short term down The short term trend has been DOWN since Jun 20th, 2018 at 21287.9370

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
21384.224 21387.086 21109.647 21119.690 -264.534
Prev. Close Volume Bid Ask Time
21384.224 21111.318 21128.063 2018-06-20 19:38:25
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