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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Brazilian Real/Colombian Peso (FOREX:BRLCOP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_BRLCOP
Open High Low BRLCOP Price Change
833.295 833.295 833.295 833.295 0.000
Entry Signal

MarketClub’s Trade Triangles for BRLCOP

long term up The long term trend has been UP since Oct 3rd, 2018 at 788.37

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 832.19

short term down The short term trend has been DOWN since Feb 20th, 2019 at 835.83

Smart Scan Analysis for BRLCOP

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

-60
Smart Scan Analysis for BRLCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
833.295 833.295 833.295 833.295 0.000
Prev. Close Volume Bid Ask Time
833.295 821.530 845.060 2019-02-23 07:41:31
Want to analyze Brazilian Real/Colombian Peso BRLCOP or another symbol? Try our Free Forex Trend Analysis Report.