Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Brazilian Real/Canadian Dollar (FOREX:BRLCAD)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
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MarketClub’s Trade Triangles for BRLCAD
The long term trend has been DOWN since Aug 22nd, 2019 at 0.32620500
The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.31915341
The short term trend has been DOWN since Feb 7th, 2020 at 0.30904773
Smart Scan Analysis for BRLCAD
Based on a pre-defined weighted trend formula for chart analysis, BRLCAD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30479950 | 0.30879752 | 0.30433975 | 0.30840303 | +0.00360400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30826948 | 0.30813799 | 0.30866807 | 2020-02-14 16:52:58 |