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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/Swiss Franc (FOREX:USDCHF)

Long-Term Uptrend (+90) - USDCHF is in a strong uptrend that is likely to continue. While USDCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid USDCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDCHF
Open High Low USDCHF Price Change
0.88830 0.89000 0.88710 0.88769 -0.00061
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.88860

intermediate term up The intermediate-term trend has been UP since Jan 15th, 2024 at 0.85830

short term up The short-term trend has been UP since Mar 12th, 2024 at 0.87952

Smart Scan Analysis for USDCHF

Based on our trend formula, USDCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.88830 0.89000 0.88710 0.88769 -0.00061
Prev. Close Volume Bid Ask Time
0.88830 2024-03-19 05:01:39
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