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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CHFBRL
Open High Low CHFBRL Price Change
3.77825 3.80625 3.77745 3.78670 +0.00845
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long term trend has been UP since Nov 15th, 2017 at 3.35910

intermediate term up The intermediate term trend has been UP since Mar 22nd, 2018 at 3.49285

short term up The short term trend has been UP since Jun 21st, 2018 at 3.79745

Smart Scan Analysis for CHFBRL

Based on a pre-defined weighted trend formula for chart analysis, CHFBRL scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.77825 3.80625 3.77745 3.78670 +0.00845
Prev. Close Volume Bid Ask Time
3.77825 3.78320 3.79020 2018-06-21 10:12:49
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.