Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Brazilian Real/British Pound (FOREX:BRLGBP)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.
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MarketClub’s Trade Triangles for BRLGBP
The long term trend has been DOWN since Sep 19th, 2019 at 0.1941
The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.1863
The short term trend has been DOWN since Jan 21st, 2020 at 0.1821
Smart Scan Analysis for BRLGBP
Based on a pre-defined weighted trend formula for chart analysis, BRLGBP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1833 | 0.1837 | 0.1820 | 0.1822 | -0.0011 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1833 | 0.1821 | 0.1823 | 2020-01-21 10:04:10 |