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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

Long-Term Downtrend (-90) - BRLAUD is in a strong downtrend that is likely to continue. While BRLAUD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLAUD.

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FOREX_BRLAUD
Open High Low BRLAUD Price Change
0.34597789 0.34640000 0.34366473 0.34550000 -0.00047800
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 Feb 3rd, 2020 at 0.3482

Smart Scan Analysis for BRLAUD

Based on our trend formula, BRLAUD is rated as a -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
0.34597789 0.34640000 0.34366473 0.34550000 -0.00047800
Prev. Close Volume Bid Ask Time
0.34597789 0.34530000 0.34570000 2020-02-17 21:44:32
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