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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
1.7341993 1.7358111 1.7313032 1.7355098 +0.0013100
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term up The long-term trend has been UP since Jul 25th, 2024 at 1.7410077

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 1.7172935

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 1.7358111

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
1.7341993 1.7358111 1.7313032 1.7355098 +0.0013100
Prev. Close Volume Bid Ask Time
1.7341993 2024-11-20 03:42:41
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