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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

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_CHFBRL
Open High Low CHFBRL Price Change
3.92905 3.93535 3.90155 3.90155 -0.02750
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 Aug 13th, 2018 at 3.89245

short term up The short term trend has been UP since Aug 7th, 2018 at 3.77440

Smart Scan Analysis for CHFBRL

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

+90
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.92905 3.93535 3.90155 3.90155 -0.02750
Prev. Close Volume Bid Ask Time
3.92905 3.89800 3.90510 2018-08-16 11:17:52
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.