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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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
17.9150 17.9150 17.7565 17.7565 -0.1585
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term up The long term trend has been UP since Oct 8th, 2018 at 17.767

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2019 at 17.593

short term up The short term trend has been UP since Feb 14th, 2019 at 17.771

Smart Scan Analysis for BRLRUB

Based on a pre-defined weighted trend formula for chart analysis, BRLRUB scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.9150 17.9150 17.7565 17.7565 -0.1585
Prev. Close Volume Bid Ask Time
17.9150 17.7400 17.7730 2019-02-18 09:50:59
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.