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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Bull Market Weakness (+75) - CHFBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFBRL as it may be in the beginning stages of a reversal.

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
5.7818224 5.7857096 5.7818224 5.7857096 +0.0038870
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 5.4415700

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 5.6679163

short term up The short-term trend has been UP since Mar 22nd, 2023 at 5.7035508

Smart Scan Analysis for CHFBRL

Based on our trend formula, CHFBRL is rated as a +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
5.7818224 5.7857096 5.7818224 5.7857096 +0.0038870
Prev. Close Volume Bid Ask Time
5.7818224 2023-03-24 01:17:38
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