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Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Sidelines Mode (-55) - AUDCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDCHF
The long-term trend has been DOWN since Jan 7th, 2020 at 0.66523
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 0.67050
The short-term trend has been UP since Mar 20th, 2020 at 0.58245
Smart Scan Analysis for AUDCHF
Based on our trend formula, AUDCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58891500 | 0.59391984 | 0.58347500 | 0.58892500 | +0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.58891500 | 0.58867000 | 0.58918000 | 2020-04-01 13:34:26 |