Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Brazilian Real/Chilean Peso (FOREX:BRLCLP)
Weak Downtrend (-65) - BRLCLP is showing signs of a strengthening downtrend. Monitor BRLCLP as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BRLCLP
The long-term trend has been UP since Jan 10th, 2024 at 188.7386
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 192.6652
The short-term trend has been DOWN since May 6th, 2024 at 184.3228
Smart Scan Analysis for BRLCLP
Based on our trend formula, BRLCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 183.18281 | 185.82407 | 182.85863 | 184.57020 | +1.38739 |
| Prev. Close | Volume | Bid | Ask | Time |
| 183.18281 | 2024-05-07 23:06:47 |
Get a free daily analysis and signals for Brazilian Real/Chilean Peso (BRLCLP) - Request Your Free Report.