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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
4.23075 4.23075 4.23075 4.23075 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long term trend has been UP since Aug 5th, 2019 at 4.08295

intermediate term up The intermediate term trend has been UP since Aug 1st, 2019 at 3.85760

short term up The short term trend has been UP since Jul 31st, 2019 at 3.83225

Smart Scan Analysis for CHFBRL

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

+100
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.23075 4.23075 4.23075 4.23075 0.00000
Prev. Close Volume Bid Ask Time
4.23075 4.22710 4.23440 2019-08-24 07:36:32
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.