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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
0.2545 0.2545 0.2545 0.2545 0.0000
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 Aug 13th, 2018 at 0.256953

short term down The short term trend has been DOWN since Aug 17th, 2018 at 0.253210

Smart Scan Analysis for BRLCHF

Based on a pre-defined weighted trend formula for chart analysis, BRLCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2545 0.2545 0.2545 0.2545 0.0000
Prev. Close Volume Bid Ask Time
0.2545 0.2543 0.2547 2018-08-19 05:48:00
Want to analyze Brazilian Real/Swiss Franc BRLCHF or another symbol? Try our Free Forex Trend Analysis Report.