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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Swiss Franc/Chinese Yuan Renminbi Offshore (FOREX:CHFCNH)

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

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

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

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

FOREX_CHFCNH
Open High Low CHFCNH Price Change
8.11305 8.11305 8.11305 8.11305 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFCNH

long term down The long-term trend has been DOWN since Mar 12th, 2024 at 8.1879

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2024 at 8.4306

short term down The short-term trend has been DOWN since Feb 8th, 2024 at 8.3301

Smart Scan Analysis for CHFCNH

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

-100
Smart Scan Analysis for CHFCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.11305 8.11305 8.11305 8.11305 0.00000
Prev. Close Volume Bid Ask Time
8.11305 2024-03-27 21:20:29
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