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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Sidelines Mode (+55) - CHFBRL 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 CHFBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFBRL
Open High Low CHFBRL Price Change
5.8930713 5.9293548 5.8658165 5.9085994 +0.0155280
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long-term trend has been UP since Aug 5th, 2019 at 4.0829500

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 6.0636207

short term up The short-term trend has been UP since Nov 23rd, 2020 at 5.9217303

Smart Scan Analysis for CHFBRL

Based on our trend formula, CHFBRL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8930713 5.9293548 5.8658165 5.9085994 +0.0155280
Prev. Close Volume Bid Ask Time
5.8930713 2020-11-27 17:18:54
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