Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
Brazilian Real/Indonesian Rupiah (FOREX:BRLIDR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BRLIDR
The long term trend has been DOWN since Aug 19th, 2019 at 3502.6500
The intermediate term trend has been DOWN since Nov 8th, 2019 at 3381.4504
The short term trend has been DOWN since Nov 5th, 2019 at 3488.1879
Smart Scan Analysis for BRLIDR
Based on a pre-defined weighted trend formula for chart analysis, BRLIDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3347.4189 | 3356.4467 | 3342.6426 | 3352.5578 | +5.1389 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3347.4189 | 3350.7426 | 3354.3729 | 2019-11-15 16:42:15 |