Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
Brazilian Real/South African Rand (FOREX:BRLZAR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
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MarketClub’s Trade Triangles for BRLZAR
The long term trend has been UP since Aug 13th, 2018 at 3.70980
The intermediate term trend has been UP since Feb 12th, 2019 at 3.71055
The short term trend has been UP since Jan 30th, 2019 at 3.66225
Smart Scan Analysis for BRLZAR
Based on a pre-defined weighted trend formula for chart analysis, BRLZAR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.79830 | 3.81265 | 3.77740 | 3.80785 | +0.00955 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.79830 | 3.80420 | 3.81150 | 2019-02-15 13:37:43 |