Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Bear Market Rally (-75) - BRLCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BRLCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BRLCHF
The long-term trend has been DOWN since Oct 6th, 2021 at 0.16766821
The intermediate-term trend has been UP since Nov 11th, 2021 at 0.16980000
The short-term trend has been DOWN since Nov 26th, 2021 at 0.16469100
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).