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Forex Trend Analysis Report

Prepared for you on Saturday, July 11, 2020.

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
5.6670591 5.7247846 5.6461971 5.6549312 -0.0121280
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long-term trend has been UP since Aug 5th, 2019 at 4.0829500

intermediate term up The intermediate-term trend has been UP since Jun 25th, 2020 at 5.6661367

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 5.6005000

Smart Scan Analysis for CHFBRL

Based on our trend formula, CHFBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6670591 5.7247846 5.6461971 5.6549312 -0.0121280
Prev. Close Volume Bid Ask Time
5.6670591 5.6511703 5.6586921 2020-07-10 17:08:19
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