Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Australian Dollar/Brazilian Real (FOREX:AUDBRL)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_AUDBRL
Open High Low AUDBRL Price Change
2.6425 2.6455 2.6366 2.6414 -0.0011
Entry Signal

MarketClub’s Trade Triangles for AUDBRL

long term down The long term trend has been DOWN since Jun 13th, 2019 at 2.65255

intermediate term down The intermediate term trend has been DOWN since May 30th, 2019 at 2.73710

short term up The short term trend has been UP since Jul 15th, 2019 at 2.63235

Smart Scan Analysis for AUDBRL

Based on a pre-defined weighted trend formula for chart analysis, AUDBRL scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6425 2.6455 2.6366 2.6414 -0.0011
Prev. Close Volume Bid Ask Time
2.6425 2.6389 2.6439 2019-07-16 14:58:10
Want to analyze Australian Dollar/Brazilian Real AUDBRL or another symbol? Try our Free Forex Trend Analysis Report.