Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Brazilian Real/Chilean Peso (FOREX:BRLCLP)
Sidelines Mode (+55) - BRLCLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
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 Jan 17th, 2025 at 164.24360
Smart Scan Analysis for BRLCLP
Based on our trend formula, BRLCLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 166.34735 | 166.73990 | 165.25970 | 166.57902 | +0.23167 |
| Prev. Close | Volume | Bid | Ask | Time |
| 166.34735 | 2025-01-20 09:44:23 |