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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Countertrend Down (-85) - BRLCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for BRLCHF
The long-term trend has been DOWN since Apr 17th, 2024 at 0.17230000
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.14420000
The short-term trend has been UP since Dec 11th, 2024 at 0.14622115
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14610000 | 0.14642250 | 0.14598929 | 0.14609850 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.14610000 | 2024-12-11 06:55:31 |