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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

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_BRLRUB
Open High Low BRLRUB Price Change
16.5390 16.6145 16.5370 16.5945 +0.0555
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long term trend has been DOWN since Mar 18th, 2019 at 16.896

intermediate term up The intermediate term trend has been UP since May 31st, 2019 at 16.636

short term down The short term trend has been DOWN since Jun 14th, 2019 at 16.595

Smart Scan Analysis for BRLRUB

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

-55
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.5390 16.6145 16.5370 16.5945 +0.0555
Prev. Close Volume Bid Ask Time
16.539 16.5790 16.6100 2019-06-18 17:13:06
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.