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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Brazilian Real/Japanese Yen (FOREX:BRLJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
26.5005 26.6140 26.2885 26.5420 +0.0415
Entry Signal

MarketClub’s Trade Triangles for BRLJPY

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 28.0535

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 26.6800

short term down The short term trend has been DOWN since Sep 15th, 2019 at 26.3730

Smart Scan Analysis for BRLJPY

Based on a pre-defined weighted trend formula for chart analysis, BRLJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BRLJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.5005 26.6140 26.2885 26.5420 +0.0415
Prev. Close Volume Bid Ask Time
26.5005 26.5330 26.5510 2019-09-17 23:26:36
Want to analyze Brazilian Real/Japanese Yen BRLJPY or another symbol? Try our Free Forex Trend Analysis Report.