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Forex Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

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.

Open High Low CHFBRL Price Change
3.37070 3.37075 3.36855 3.37025 -0.00045
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long term trend has been UP since Apr 28th, 2017 at 3.22860

intermediate term up The intermediate term trend has been UP since May 18th, 2017 at 3.23460

short term down The short term trend has been DOWN since May 24th, 2017 at 3.33295

Smart Scan Analysis for CHFBRL

Based on a pre-defined weighted trend formula for chart analysis, CHFBRL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.37070 3.37075 3.36855 3.37025 -0.00045
Prev. Close Volume Bid Ask Time
3.37070 3.36660 3.37390 2017-05-25 05:50:57
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.