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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.

FOREX_BRLJPY
Open High Low BRLJPY Price Change
25.919917 25.971852 25.919917 25.971852 +0.051935
Entry Signal

MarketClub’s Trade Triangles for BRLJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 28.053500

intermediate term down The intermediate term trend has been DOWN since Nov 11th, 2019 at 26.158556

short term down 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).

-90
Smart Scan Analysis for BRLJPY
Strong Downtrend Sideways 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
Want to analyze Brazilian Real/Japanese Yen BRLJPY or another symbol? Try our Free Forex Trend Analysis Report.