Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
Brazilian Real/Mexican Peso (FOREX:BRLMXN)
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.
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MarketClub’s Trade Triangles for BRLMXN
The long term trend has been DOWN since Sep 4th, 2019 at 4.7765000
The intermediate term trend has been UP since Dec 1st, 2019 at 4.6725000
The short term trend has been DOWN since Dec 2nd, 2019 at 4.6042344
Smart Scan Analysis for BRLMXN
Based on a pre-defined weighted trend formula for chart analysis, BRLMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6242372 | 4.6488000 | 4.6162210 | 4.6461000 | +0.0218630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6242372 | 4.6442000 | 4.6480000 | 2019-12-06 13:16:49 |