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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Euro/Brazilian Real (FOREX:EURBRL)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
4.6603 4.6617 4.6129 4.6159 -0.0444
Entry Signal

MarketClub’s Trade Triangles for EURBRL

long term up The long term trend has been UP since Aug 23rd, 2019 at 4.6000

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 4.5666

short term up The short term trend has been UP since Jan 6th, 2020 at 4.5404

Smart Scan Analysis for EURBRL

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

+90
Smart Scan Analysis for EURBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6603 4.6617 4.6129 4.6159 -0.0444
Prev. Close Volume Bid Ask Time
4.6603 4.6119 4.6199 2020-01-17 16:52:50
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