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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

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.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.001210 0.001210 0.001209 0.001210 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.001164

intermediate term up The intermediate term trend has been UP since Aug 20th, 2019 at 0.001185

short term up The short term trend has been UP since Sep 16th, 2019 at 0.001215

Smart Scan Analysis for COPBRL

Based on a pre-defined weighted trend formula for chart analysis, COPBRL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001210 0.001210 0.001209 0.001210 0.000000
Prev. Close Volume Bid Ask Time
0.001210 0.001209 0.001211 2019-09-17 04:34:54
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