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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Bear Market Rally (-75) - BRLCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLCHF as it may be in the beginning of a reversal.
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 0.17230000
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.14420000
The short-term trend has been DOWN since Dec 24th, 2024 at 0.14468503
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.13355364 | 0.14636873 | 0.13330875 | 0.14561757 | +0.01206400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13355364 | 2024-12-26 13:40:28 |