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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Brazilian Real/New Zealand Dollar (FOREX:BRLNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low BRLNZD Price Change
0.3929 0.3938 0.3928 0.3930 +0.0001
Entry Signal

MarketClub’s Trade Triangles for BRLNZD

long term up The long term trend has been UP since Oct 5th, 2018 at 0.4024

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 0.3861

short term up The short term trend has been UP since Feb 12th, 2019 at 0.4000

Smart Scan Analysis for BRLNZD

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

Smart Scan Analysis for BRLNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3929 0.3938 0.3928 0.3930 +0.0001
Prev. Close Volume Bid Ask Time
0.3929 0.3927 0.3933 2019-02-18 07:53:41
Want to analyze Brazilian Real/New Zealand Dollar BRLNZD or another symbol? Try our Free Forex Trend Analysis Report.