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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

British Pound/Brazilian Real (FOREX:GBPBRL)

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_GBPBRL
Open High Low GBPBRL Price Change
5.03260 5.03775 5.02835 5.03020 -0.00240
Entry Signal

MarketClub’s Trade Triangles for GBPBRL

long term up The long term trend has been UP since Mar 6th, 2019 at 5.03640

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2019 at 4.97295

short term down The short term trend has been DOWN since Mar 18th, 2019 at 5.04035

Smart Scan Analysis for GBPBRL

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

+75
Smart Scan Analysis for GBPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.03260 5.03775 5.02835 5.03020 -0.00240
Prev. Close Volume Bid Ask Time
5.03260 5.02770 5.03270 2019-03-19 06:02:17
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