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Forex Trend Analysis Report

Prepared for you on Tuesday, July 25, 2017.

US Dollar/Brazilian Real (FOREX:USDBRL)

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_USDBRL
Open High Low USDBRL Price Change
3.14610 3.17300 3.14030 3.17275 +0.02665
Entry Signal

MarketClub’s Trade Triangles for USDBRL

long term up The long term trend has been UP since May 18th, 2017 at 3.21235

intermediate term down The intermediate term trend has been DOWN since Jul 14th, 2017 at 3.18075

short term up The short term trend has been UP since Jul 23rd, 2017 at 3.16270

Smart Scan Analysis for USDBRL

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

-55
Smart Scan Analysis for USDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.14610 3.17300 3.14030 3.17275 +0.02665
Prev. Close Volume Bid Ask Time
3.14610 3.16930 3.17620 2017-07-25 22:32:22
Want to analyze US Dollar/Brazilian Real USDBRL or another symbol? Try our Free Forex Trend Analysis Report.