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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CHFBRL
Open High Low CHFBRL Price Change
3.89985 3.89985 3.89985 3.89985 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long term trend has been UP since Mar 27th, 2019 at 3.98635

intermediate term down The intermediate term trend has been DOWN since Jun 3rd, 2019 at 3.89550

short term down The short term trend has been DOWN since Jun 11th, 2019 at 3.90015

Smart Scan Analysis for CHFBRL

Based on a pre-defined weighted trend formula for chart analysis, CHFBRL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.89985 3.89985 3.89985 3.89985 0.00000
Prev. Close Volume Bid Ask Time
3.89985 3.89630 3.90340 2019-06-16 20:04:47
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.