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Forex Trend Analysis Report
Prepared for you on Sunday, September 8, 2024.
Brazilian Real/Chilean Peso (FOREX:BRLCLP)
Weak Downtrend (-65) - BRLCLP is showing signs of a strengthening downtrend. Monitor BRLCLP as it may be building momentum to the downside.
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 DOWN since Aug 29th, 2024 at 163.14370
The short-term trend has been UP since Sep 3rd, 2024 at 164.31487
Smart Scan Analysis for BRLCLP
Based on our trend formula, BRLCLP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 169.23270 | 169.99580 | 168.42135 | 168.94650 | -0.28620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 169.23270 | 2024-09-06 17:07:25 |