Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Brazilian Real/Australian Dollar (FOREX:BRLAUD)

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_BRLAUD
Open High Low BRLAUD Price Change
0.34940409 0.35010095 0.34940409 0.35010095 +0.00069700
Entry Signal

MarketClub’s Trade Triangles for BRLAUD

long term down The long term trend has been DOWN since Sep 19th, 2019 at 0.35310000

intermediate term down The intermediate term trend has been DOWN since Nov 8th, 2019 at 0.35040000

short term up The short term trend has been UP since Nov 13th, 2019 at 0.35280519

Smart Scan Analysis for BRLAUD

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

-75
Smart Scan Analysis for BRLAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34940409 0.35010095 0.34940409 0.35010095 +0.00069700
Prev. Close Volume Bid Ask Time
0.34940409 0.34821006 0.35199183 2019-11-16 08:30:00
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