Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
Brazilian Real/Japanese Yen (FOREX:BRLJPY)
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 BRLJPY
The long term trend has been DOWN since Jan 2nd, 2019 at 28.053500
The intermediate term trend has been DOWN since Nov 11th, 2019 at 26.158556
The short term trend has been DOWN since Nov 6th, 2019 at 27.018000
Smart Scan Analysis for BRLJPY
Based on a pre-defined weighted trend formula for chart analysis, BRLJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.919917 | 25.971852 | 25.919917 | 25.971852 | +0.051935 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.919917 | 25.831578 | 26.112125 | 2019-11-16 08:30:00 |