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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

Euro/Brazilian Real (FOREX:EURBRL)

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_EURBRL
Open High Low EURBRL Price Change
3.8713 3.8920 3.8376 3.8753 +0.0040
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 Oct 23rd, 2017 at 3.7652

short term up The short term trend has been UP since Dec 7th, 2017 at 3.8669

Smart Scan Analysis for EURBRL

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

+100
Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.8713 3.8920 3.8376 3.8753 +0.0040
Prev. Close Volume Bid Ask Time
3.8728 3.8713 3.8793 2017-12-08 16:10:40
Want to analyze Euro/Brazilian Real EURBRL or another symbol? Try our Free Forex Trend Analysis Report.