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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Brazilian Real/ (FOREX:BRLVEF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_BRLVEF
Open High Low BRLVEF Price Change
66509.659 66522.120 66506.098 66506.098 -3.561
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 2nd, 2019 at 64737.2920

short term down The short term trend has been DOWN since Jan 15th, 2019 at 66939.6090

Smart Scan Analysis for BRLVEF

Based on a pre-defined weighted trend formula for chart analysis, BRLVEF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for BRLVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66509.659 66522.120 66506.098 66506.098 -3.561
Prev. Close Volume Bid Ask Time
66509.659 66479.403 66532.794 2019-01-16 21:20:17
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