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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Brazilian Real/Canadian Dollar (FOREX:BRLCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

Open High Low BRLCAD Price Change
0.34651 0.34654 0.34637 0.34637 -0.00014
Entry Signal

MarketClub’s Trade Triangles for BRLCAD

long term down The long term trend has been DOWN since Mar 27th, 2019 at 0.339425

intermediate term up The intermediate term trend has been UP since May 31st, 2019 at 0.343440

short term up The short term trend has been UP since Jun 18th, 2019 at 0.346700

Smart Scan Analysis for BRLCAD

Based on a pre-defined weighted trend formula for chart analysis, BRLCAD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BRLCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34651 0.34654 0.34637 0.34637 -0.00014
Prev. Close Volume Bid Ask Time
0.34651 0.34605 0.34669 2019-06-19 06:52:52
Want to analyze Brazilian Real/Canadian Dollar BRLCAD or another symbol? Try our Free Forex Trend Analysis Report.