Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFBRL
The long-term trend has been DOWN since Feb 2nd, 2025 at 6.387743
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 6.732420
The short-term trend has been UP since Feb 21st, 2025 at 6.364716
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.3489716 | 6.3914007 | 6.3288292 | 6.3828765 | +0.0339050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.3489716 | 2025-02-21 17:00:13 |