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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

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
1.6977150 1.6983708 1.6931946 1.6950302 -0.0026850
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 1.6989835

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2024 at 1.6744821

short term up The short-term trend has been UP since Jun 14th, 2024 at 1.6920486

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
1.6977150 1.6983708 1.6931946 1.6950302 -0.0026850
Prev. Close Volume Bid Ask Time
1.6977150 2024-06-19 04:42:33
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