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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Brazilian Real/Chilean Peso (FOREX:BRLCLP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_BRLCLP
Open High Low BRLCLP Price Change
181.3100 181.8761 180.7737 181.1300 -0.1800
Entry Signal

MarketClub’s Trade Triangles for BRLCLP

long term up The long term trend has been UP since Jun 3rd, 2019 at 181.1614

intermediate term up The intermediate term trend has been UP since Jul 8th, 2019 at 180.8742

short term down The short term trend has been DOWN since Jul 12th, 2019 at 180.0720

Smart Scan Analysis for BRLCLP

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

+75
Smart Scan Analysis for BRLCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
181.3100 181.8761 180.7737 181.1300 -0.1800
Prev. Close Volume Bid Ask Time
181.31 181.0700 181.1900 2019-07-17 10:22:20
Want to analyze Brazilian Real/Chilean Peso BRLCLP or another symbol? Try our Free Forex Trend Analysis Report.