Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Brazilian Real/Russian Ruble (FOREX:BRLRUB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
15.9360 16.0790 15.9335 16.0490 +0.1130
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 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 May 22nd, 2019 at 15.997

Smart Scan Analysis for BRLRUB

Based on a pre-defined weighted trend formula for chart analysis, BRLRUB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BRLRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.9360 16.0790 15.9335 16.0490 +0.1130
Prev. Close Volume Bid Ask Time
15.9360 16.0350 16.0630 2019-05-23 21:35:04
Want to analyze Brazilian Real/Russian Ruble BRLRUB or another symbol? Try our Free Forex Trend Analysis Report.