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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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
0.267800 0.269810 0.267385 0.268200 +0.000400
Entry Signal

MarketClub’s Trade Triangles for BRLCHF

long term up The long term trend has been UP since Oct 17th, 2018 at 0.270125

intermediate term up The intermediate term trend has been UP since Sep 26th, 2018 at 0.240110

short term up The short term trend has been UP since Oct 16th, 2018 at 0.266072

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
0.267800 0.269810 0.267385 0.268200 +0.000400
Prev. Close Volume Bid Ask Time
0.267800 0.268000 0.268400 2018-10-19 18:37:31
Want to analyze Brazilian Real/Swiss Franc BRLCHF or another symbol? Try our Free Forex Trend Analysis Report.