I just saw A Mata Negra (The Black Forest) by Brazilian director Rodrigo Aragão, which IMDB describes as follows:
In this mystical horror tale, a young woman uncovers the Lost Book of Cipriano, an ancient tome with power for both wealth… and pure evil.
The first hour or so was beautiful and creepy and genuinely suspenseful. It reminded me of the magical realism of Luis Buñuel, Alejandro Jodorowsky, Álex de la Iglesia and Guillermo del Toro, with every frame a work of art. Then it kind of goes off the rails with the main character’s increasingly poor choices making it difficult to root for her. But it never becomes unwatchable, especially after the naked chicken demon is introduced. The film also teaches a very valuable lesson about commitment and not half-assing it.
Here’s the trailer: