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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 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
26.1615 26.2195 25.8690 26.0455 -0.1160
Entry Signal

MarketClub’s Trade Triangles for BRLRSD

long term down The long term trend has been DOWN since Aug 26th, 2019 at 25.6220

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 26.5430

short term down The short term trend has been DOWN since Sep 16th, 2019 at 26.0005

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
26.1615 26.2195 25.8690 26.0455 -0.1160
Prev. Close Volume Bid Ask Time
26.1615 26.0180 26.0730 2019-09-17 23:22:01
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