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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Strong Downtrend (-100) - CHFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.5327557 1.5339786 1.5187644 1.5187850 -0.0139710
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 1.5444025

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 1.6744821

short term down The short-term trend has been DOWN since May 26th, 2020 at 1.5665641

Smart Scan Analysis for CHFAUD

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

-100
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5327557 1.5339786 1.5187644 1.5187850 -0.0139710
Prev. Close Volume Bid Ask Time
1.5327557 1.5186300 1.5189400 2020-06-02 05:48:36
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