Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

British Pound/Brazilian Real (FOREX:GBPBRL)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_GBPBRL
Open High Low GBPBRL Price Change
5.1099 5.1099 5.1020 5.1020 -0.0079
Entry Signal

MarketClub’s Trade Triangles for GBPBRL

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 4.93335

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 4.75275

short term up The short term trend has been UP since Sep 13th, 2019 at 5.10615

Smart Scan Analysis for GBPBRL

Based on a pre-defined weighted trend formula for chart analysis, GBPBRL scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1099 5.1099 5.1020 5.1020 -0.0079
Prev. Close Volume Bid Ask Time
5.1099 5.0994 5.1046 2019-09-15 20:03:21
Want to analyze British Pound/Brazilian Real GBPBRL or another symbol? Try our Free Forex Trend Analysis Report.