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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Swiss Franc/Brazilian Real (FOREX:CHFBRL)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
4.01205 4.06685 4.00405 4.05545 +0.04340
Entry Signal

MarketClub’s Trade Triangles for CHFBRL

long term up The long term trend has been UP since Mar 27th, 2019 at 3.98635

intermediate term up The intermediate term trend has been UP since Feb 28th, 2019 at 3.76970

short term up The short term trend has been UP since May 9th, 2019 at 3.91500

Smart Scan Analysis for CHFBRL

Based on a pre-defined weighted trend formula for chart analysis, CHFBRL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.01205 4.06685 4.00405 4.05545 +0.04340
Prev. Close Volume Bid Ask Time
4.01205 4.05190 4.05900 2019-05-17 18:20:09
Want to analyze Swiss Franc/Brazilian Real CHFBRL or another symbol? Try our Free Forex Trend Analysis Report.