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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Brazilian Real/ (FOREX:BRLRSD)

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_BRLRSD
Open High Low BRLRSD Price Change
27.6495 27.6765 27.5970 27.6405 -0.0090
Entry Signal

MarketClub’s Trade Triangles for BRLRSD

long term up The long term trend has been UP since Oct 8th, 2018 at 27.6365

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2019 at 27.1225

short term down The short term trend has been DOWN since Feb 20th, 2019 at 27.8635

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
27.6495 27.6765 27.5970 27.6405 -0.0090
Prev. Close Volume Bid Ask Time
27.6495 27.6110 27.6700 2019-02-22 03:20:14
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