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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

Crossroads (-60) - CHFAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CHFAED
Open High Low CHFAED Price Change
3.7815300 3.7849312 3.7749498 3.7849312 +0.0034010
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long-term trend has been UP since Dec 17th, 2019 at 3.7451000

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 3.7439609

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 3.8254356

Smart Scan Analysis for CHFAED

Based on our trend formula, CHFAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7815300 3.7849312 3.7749498 3.7849312 +0.0034010
Prev. Close Volume Bid Ask Time
3.7815300 3.7839008 3.7859616 2020-04-09 04:48:28
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