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Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Euro/Brazilian Real (FOREX:EURBRL)

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_EURBRL
Open High Low EURBRL Price Change
4.0136 4.0183 4.0019 4.0039 -0.0097
Entry Signal

MarketClub’s Trade Triangles for EURBRL

long term up The long term trend has been UP since Apr 25th, 2017 at 3.4541

intermediate term up The intermediate term trend has been UP since Feb 2nd, 2018 at 3.9983

short term down The short term trend has been DOWN since Feb 14th, 2018 at 4.0108

Smart Scan Analysis for EURBRL

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

+75
Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0136 4.0183 4.0019 4.0039 -0.0097
Prev. Close Volume Bid Ask Time
4.0136 3.9999 4.0079 2018-02-22 21:44:11
Want to analyze Euro/Brazilian Real EURBRL or another symbol? Try our Free Forex Trend Analysis Report.