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Forex Trend Analysis Report

Prepared for you on Thursday, January 30, 2025.

Brazilian Real/Chilean Peso (FOREX:BRLCLP)

Crossroads (+60) - BRLCLP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BRLCLP?

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

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

FOREX_BRLCLP
Open High Low BRLCLP Price Change
169.34160 169.37055 169.28960 169.35030 +0.00870
Entry Signal

MarketClub’s Trade Triangles for BRLCLP

long term down The long-term trend has been DOWN since May 9th, 2024 at 182.07768

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 165.25110

short term up The short-term trend has been UP since Jan 28th, 2025 at 167.76337

Smart Scan Analysis for BRLCLP

Based on our trend formula, BRLCLP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.34160 169.37055 169.28960 169.35030 +0.00870
Prev. Close Volume Bid Ask Time
169.34160 2025-01-30 00:34:47
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