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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Brazilian Real/Chilean Peso (FOREX:BRLCLP)
Crossroads (+60) - BRLCLP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 7th, 2024 at 170.09530
The short-term trend has been UP since Nov 12th, 2024 at 170.33090
Smart Scan Analysis for BRLCLP
Based on our trend formula, BRLCLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 168.22663 | 168.34610 | 168.10143 | 168.21490 | -0.01173 |
| Prev. Close | Volume | Bid | Ask | Time |
| 168.22663 | 2024-11-20 03:37:18 |