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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_BRLAUD
Open High Low BRLAUD Price Change
0.3467 0.3497 0.3457 0.3495 +0.0028
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long term trend has been DOWN since Sep 19th, 2019 at 0.3531

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.3518

short term down The short term trend has been DOWN since Jan 10th, 2020 at 0.3552

Smart Scan Analysis for BRLAUD

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

-90
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3467 0.3497 0.3457 0.3495 +0.0028
Prev. Close Volume Bid Ask Time
0.3467 0.3493 0.3497 2020-01-17 17:14:34
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