Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Bull Market Weakness (+75) - BRLCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLCHF as it may be in the beginning stages 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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Nov 7th, 2024 at 0.1550455
The short-term trend has been UP since Nov 7th, 2024 at 0.1546000
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.15300494 | 0.15330000 | 0.15296324 | 0.15315150 | +0.00014700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.15300494 | 2024-11-20 03:33:40 |