Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Brazilian Real/US Dollar (FOREX:BRLUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
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MarketClub’s Trade Triangles for BRLUSD
The long term trend has been DOWN since Mar 27th, 2019 at 0.253560
The intermediate term trend has been UP since May 31st, 2019 at 0.254735
The short term trend has been UP since Jun 19th, 2019 at 0.259725
Smart Scan Analysis for BRLUSD
Based on a pre-defined weighted trend formula for chart analysis, BRLUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.260470 | 0.260500 | 0.260465 | 0.260500 | +0.000030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.260470 | 0.260400 | 0.260600 | 2019-06-20 09:15:32 |