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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
15.3645 15.4395 15.2915 15.4265 +0.0620
Entry Signal

MarketClub’s Trade Triangles for BRLRUB

long term down The long term trend has been DOWN since Sep 13th, 2019 at 15.8595

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 16.6025

short term down The short term trend has been DOWN since Sep 19th, 2019 at 15.5930

Smart Scan Analysis for BRLRUB

Based on a pre-defined weighted trend formula for chart analysis, BRLRUB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.3645 15.4395 15.2915 15.4265 +0.0620
Prev. Close Volume Bid Ask Time
15.3645 15.4130 15.4400 2019-09-20 17:41:42
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.