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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Brazilian Real/Swiss Franc (FOREX:BRLCHF)

Crossroads (+60) - BRLCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BRLCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BRLCHF
Open High Low BRLCHF Price Change
0.185628 0.186600 0.184300 0.184400 -0.001228
Entry Signal

MarketClub’s Trade Triangles for BRLCHF

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 0.1801785

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 0.1866000

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.1860035

Smart Scan Analysis for BRLCHF

Based on our trend formula, BRLCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.185628 0.186600 0.184300 0.184400 -0.001228
Prev. Close Volume Bid Ask Time
0.185628 2022-08-16 21:10:53
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