Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

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_CHFBRL
Open High Low CHFBRL Price Change
3.76665 3.77105 3.76625 3.76625 -0.00040
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term down The long term trend has been DOWN since Oct 17th, 2018 at 3.70030

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 3.86405

short term down The short term trend has been DOWN since Jan 15th, 2019 at 3.76025

Smart Scan Analysis for CHFBRL

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

-100
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.76665 3.77105 3.76625 3.76625 -0.00040
Prev. Close Volume Bid Ask Time
3.76665 3.76270 3.76980 2019-01-17 04:39:17
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.