Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_BRLCHF
Open High Low BRLCHF Price Change
0.2873 0.2878 0.2864 0.2872 -0.0001
Entry Signal

MarketClub’s Trade Triangles for BRLCHF

long term down The long term trend has been DOWN since Nov 15th, 2017 at 0.297700

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2018 at 0.293577

short term up The short term trend has been UP since Feb 20th, 2018 at 0.288720

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).

-75
Smart Scan Analysis for BRLCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2873 0.2878 0.2864 0.2872 -0.0001
Prev. Close Volume Bid Ask Time
0.2873 0.2870 0.2874 2018-02-22 21:44:12
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