Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
Brazilian Real/Colombian Peso (FOREX:BRLCOP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BRLCOP
The long term trend has been UP since May 31st, 2019 at 850.73
The intermediate term trend has been DOWN since Aug 19th, 2019 at 852.01
The short term trend has been DOWN since Aug 19th, 2019 at 855.30
Smart Scan Analysis for BRLCOP
Based on a pre-defined weighted trend formula for chart analysis, BRLCOP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 833.245 | 836.170 | 825.630 | 831.750 | -1.495 |
| Prev. Close | Volume | Bid | Ask | Time |
| 815.795 | 831.550 | 831.950 | 2019-08-23 16:18:17 |