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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_BRLCHF
Open High Low BRLCHF Price Change
0.301553 0.301644 0.301310 0.301401 -0.000152
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 Oct 23rd, 2017 at 0.305975

short term down The short term trend has been DOWN since Dec 7th, 2017 at 0.301460

Smart Scan Analysis for BRLCHF

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

-100
Smart Scan Analysis for BRLCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.301553 0.301644 0.301310 0.301401 -0.000152
Prev. Close Volume Bid Ask Time
0.301553 0.301203 0.301600 2017-12-11 04:18:24
Want to analyze Brazilian Real/Swiss Franc BRLCHF or another symbol? Try our Free Forex Trend Analysis Report.