Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
US Dollar/Brazilian Real (FOREX:USDBRL)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 USDBRL
The long term trend has been UP since Mar 25th, 2019 at 3.94310
The intermediate term trend has been DOWN since May 31st, 2019 at 3.92580
The short term trend has been DOWN since Jun 19th, 2019 at 3.85025
Smart Scan Analysis for USDBRL
Based on a pre-defined weighted trend formula for chart analysis, USDBRL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.83915 | 3.83950 | 3.83765 | 3.83770 | -0.00145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.83915 | 3.83620 | 3.83920 | 2019-06-20 19:05:21 |