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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 Apr 17th, 2024 at 5.8022269
The intermediate-term trend has been UP since Jul 19th, 2024 at 6.3033505
The short-term trend has been UP since Jul 12th, 2024 at 6.0982763
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 |
|---|---|---|---|---|
| 6.4031860 | 6.4080205 | 6.3601545 | 6.4006391 | -0.0025470 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.4031860 | 2024-07-26 10:47:00 |