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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Long-Term Downtrend (-90) - BRLCHF is in a strong downtrend that is likely to continue. While BRLCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BRLCHF
The long-term trend has been DOWN since Apr 17th, 2024 at 0.1723000
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.1769895
The short-term trend has been DOWN since Apr 12th, 2024 at 0.1786000
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1738410 | 0.1741075 | 0.1727000 | 0.1737120 | -0.0001290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1738410 | 2024-04-18 15:26:46 |