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Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Swiss Franc/Brazilian Real (FOREX:CHFBRL)
Strong Uptrend (+100) - CHFBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CHFBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFBRL.
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 CHFBRL
The long-term trend has been UP since Aug 5th, 2019 at 4.0829500
The intermediate-term trend has been UP since Jan 6th, 2020 at 4.1856280
The short-term trend has been UP since Mar 27th, 2020 at 5.2904537
Smart Scan Analysis for CHFBRL
Based on our trend formula, CHFBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.4150664 | 5.4522149 | 5.3823172 | 5.4407947 | +0.0257280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.4150664 | 5.4370108 | 5.4445785 | 2020-04-01 13:13:48 |