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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Brazilian Real/ (FOREX:BRLVEF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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
67641.05 67801.61 67525.27 67733.23 +92.18
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 Oct 15th, 2018 at 66397.7110

Smart Scan Analysis for BRLVEF

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

+100
Smart Scan Analysis for BRLVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67641.05 67801.61 67525.27 67733.23 +92.18
Prev. Close Volume Bid Ask Time
67641.05 67705.54 67760.92 2018-10-17 15:48:51
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