Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
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.
MarketClub’s Trade Triangles for BRLCHF
The long-term trend has been DOWN since Aug 5th, 2019 at 0.24480000
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.16491803
The short-term trend has been UP since Nov 25th, 2020 at 0.16996123
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).