Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.2656 0.2684 0.2649 0.2653 -0.0003
Entry Signal

MarketClub’s Trade Triangles for BRLCHF

long term down The long term trend has been DOWN since Nov 15th, 2017 at 0.29770

intermediate term down The intermediate term trend has been DOWN since Mar 22nd, 2018 at 0.28640

short term up The short term trend has been UP since Jun 20th, 2018 at 0.26785

Smart Scan Analysis for BRLCHF

Based on a pre-defined weighted trend formula for chart analysis, BRLCHF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for BRLCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2656 0.2684 0.2649 0.2653 -0.0003
Prev. Close Volume Bid Ask Time
0.2656 0.2651 0.2655 2018-06-20 15:10:50
Want to analyze Brazilian Real/Swiss Franc BRLCHF or another symbol? Try our Free Forex Trend Analysis Report.