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Forex Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Sidelines Mode (+50) - BRLCHF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BRLCHF can gain momentum.
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 UP since Aug 19th, 2024 at 0.16000877
The short-term trend has been UP since Sep 6th, 2024 at 0.15260000
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1510991 | 0.1510991 | 0.1510991 | 0.1510991 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1510991 | 2024-09-07 04:49:26 |