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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Euro/Brazilian Real (FOREX:EURBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
4.2747 4.2747 4.2747 4.2747 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBRL

long term down The long term trend has been DOWN since Oct 9th, 2018 at 4.2598

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 4.6840

short term up The short term trend has been UP since Nov 13th, 2018 at 4.2809

Smart Scan Analysis for EURBRL

Based on a pre-defined weighted trend formula for chart analysis, EURBRL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2747 4.2747 4.2747 4.2747 0.0000
Prev. Close Volume Bid Ask Time
4.2747 4.2707 4.2787 2018-11-18 20:14:50
Want to analyze Euro/Brazilian Real EURBRL or another symbol? Try our Free Forex Trend Analysis Report.