Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
ISE FX Brazilian Real FX Spot (NASDAQ:BRB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for BRB
The long term trend has been UP since Aug 23rd, 2019 at 412.11
The intermediate term trend has been UP since Aug 1st, 2019 at 382.24
The short term trend has been UP since Sep 16th, 2019 at 409.50
Smart Scan Analysis for BRB
Based on a pre-defined weighted trend formula for chart analysis, BRB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||421.49||52wk High Date||2018-08-30|
|52wk Low||312.62||52wk Low Date||2018-01-25|