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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Canadian Dollar/Brazilian Real (FOREX:CADBRL)

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_CADBRL
Open High Low CADBRL Price Change
2.97040 3.01405 2.96845 2.99975 +0.02935
Entry Signal

MarketClub’s Trade Triangles for CADBRL

long term up The long term trend has been UP since Apr 9th, 2018 at 2.64565

intermediate term up The intermediate term trend has been UP since Aug 10th, 2018 at 2.94820

short term up The short term trend has been UP since Aug 7th, 2018 at 2.88435

Smart Scan Analysis for CADBRL

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

+90
Smart Scan Analysis for CADBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.97040 3.01405 2.96845 2.99975 +0.02935
Prev. Close Volume Bid Ask Time
2.97040 2.99710 3.00240 2018-08-17 17:04:32
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