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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Brazilian Real/Chilean Peso (FOREX:BRLCLP)
Bear Market Rally (-75) - BRLCLP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLCLP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BRLCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCLP.
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 BRLCLP
The long-term trend has been DOWN since May 9th, 2024 at 182.07768
The intermediate-term trend has been UP since Jan 6th, 2025 at 165.25110
The short-term trend has been DOWN since Feb 21st, 2025 at 165.14680
Smart Scan Analysis for BRLCLP
Based on our trend formula, BRLCLP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 165.31180 | 165.56110 | 164.29407 | 164.44780 | -0.86400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 164.45655 | 2025-02-21 17:03:30 |