Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
Brazilian Real/Euro (FOREX:BRLEUR)
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.
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MarketClub’s Trade Triangles for BRLEUR
The long term trend has been UP since Jul 4th, 2019 at 0.2326
The intermediate term trend has been DOWN since Aug 2nd, 2019 at 0.2329
The short term trend has been DOWN since Aug 22nd, 2019 at 0.2213
Smart Scan Analysis for BRLEUR
Based on a pre-defined weighted trend formula for chart analysis, BRLEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22200 | 0.22231 | 0.22050 | 0.22224 | +0.00024 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22200 | 0.22204 | 0.22244 | 2019-08-23 12:35:11 |