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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Countertrend Up (+85) - CHFBRL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_CHFBRL
Open High Low CHFBRL Price Change
6.1027767 6.1592932 6.0897248 6.1173393 +0.0145630
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long-term trend has been UP since Mar 2nd, 2021 at 6.1942032

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 5.8824127

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 6.0749063

Smart Scan Analysis for CHFBRL

Based on our trend formula, CHFBRL is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.1027767 6.1592932 6.0897248 6.1173393 +0.0145630
Prev. Close Volume Bid Ask Time
6.1027767 2021-03-05 17:01:01
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