Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
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.
MarketClub’s Trade Triangles for BRLCHF
The long term trend has been UP since Oct 17th, 2018 at 0.270125
The intermediate term trend has been UP since Jan 2nd, 2019 at 0.258625
The short term trend has been DOWN since Jan 17th, 2019 at 0.263200
Smart Scan Analysis for BRLCHF
Based on a pre-defined weighted trend formula for chart analysis, BRLCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).