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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Brazilian Real/ (FOREX:BRLRSD)

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.

FOREX_BRLRSD
Open High Low BRLRSD Price Change
27.0875 27.1250 27.0425 27.0455 -0.0420
Entry Signal

MarketClub’s Trade Triangles for BRLRSD

long term down The long term trend has been DOWN since Mar 27th, 2019 at 26.2880

intermediate term up The intermediate term trend has been UP since May 31st, 2019 at 26.8815

short term down The short term trend has been DOWN since Jun 24th, 2019 at 27.0675

Smart Scan Analysis for BRLRSD

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

-55
Smart Scan Analysis for BRLRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.0875 27.1250 27.0425 27.0455 -0.0420
Prev. Close Volume Bid Ask Time
27.0875 27.0170 27.0740 2019-06-24 09:50:41
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