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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Brazilian Real/ (FOREX:BRLVEF)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_BRLVEF
Open High Low BRLVEF Price Change
63658.142 63658.142 63658.142 63658.142 0.000
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 up The short term trend has been UP since Aug 14th, 2018 at 53753.1230

Smart Scan Analysis for BRLVEF

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

+90
Smart Scan Analysis for BRLVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63658.142 63658.142 63658.142 63658.142 0.000
Prev. Close Volume Bid Ask Time
63658.142 63633.682 63682.601 2018-08-16 10:44:27
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