Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Brazilian Real/Colombian Peso (FOREX:BRLCOP)

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_BRLCOP
Open High Low BRLCOP Price Change
823.2156 825.0100 819.5700 824.4300 +1.2144
Entry Signal

MarketClub’s Trade Triangles for BRLCOP

long term down The long term trend has been DOWN since Sep 3rd, 2019 at 822.50

intermediate term down The intermediate term trend has been DOWN since Nov 5th, 2019 at 826.96

short term up The short term trend has been UP since Nov 13th, 2019 at 820.27

Smart Scan Analysis for BRLCOP

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

-75
Smart Scan Analysis for BRLCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
823.2156 825.0100 819.5700 824.4300 +1.2144
Prev. Close Volume Bid Ask Time
823.2156 824.2300 824.6300 2019-11-18 10:50:43
Want to analyze Brazilian Real/Colombian Peso BRLCOP or another symbol? Try our Free Forex Trend Analysis Report.