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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Crossroads (-60) - CHFAUD 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 CHFAUD?

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

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

FOREX_CHFAUD
Open High Low CHFAUD Price Change
1.4604150 1.4643433 1.4585553 1.4641717 +0.0037570
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term up The long-term trend has been UP since Jun 3rd, 2021 at 1.4441493

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 1.4693680

short term down The short-term trend has been DOWN since Oct 3rd, 2021 at 1.4775422

Smart Scan Analysis for CHFAUD

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

-60
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4604150 1.4643433 1.4585553 1.4641717 +0.0037570
Prev. Close Volume Bid Ask Time
1.4604150 2021-10-18 07:52:20
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