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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Brazilian Real/Swiss Franc (FOREX:BRLCHF)
Sidelines Mode (-55) - BRLCHF 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 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 0.1723000
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.1769895
The short-term trend has been UP since Apr 22nd, 2024 at 0.1755120
Smart Scan Analysis for BRLCHF
Based on our trend formula, BRLCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1776695 | 0.1784815 | 0.1765000 | 0.1775000 | -0.0001700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1776695 | 2024-04-24 15:16:23 |