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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Brazilian Real/Euro (FOREX:BRLEUR)

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.

FOREX_BRLEUR
Open High Low BRLEUR Price Change
0.231825 0.233500 0.226100 0.226100 -0.005725
Entry Signal

MarketClub’s Trade Triangles for BRLEUR

long term up The long term trend has been UP since Oct 9th, 2018 at 0.23475

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2019 at 0.23350

short term down The short term trend has been DOWN since Mar 21st, 2019 at 0.23040

Smart Scan Analysis for BRLEUR

Based on a pre-defined weighted trend formula for chart analysis, BRLEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BRLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.231825 0.233500 0.226100 0.226100 -0.005725
Prev. Close Volume Bid Ask Time
0.231825 0.226000 0.226200 2019-03-22 18:30:51
Want to analyze Brazilian Real/Euro BRLEUR or another symbol? Try our Free Forex Trend Analysis Report.