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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Swiss Franc/Chinese Yuan Renminbi (FOREX:CHFCNY)

Weak Uptrend (+65) - CHFCNY is showing signs of weakening momentum to the upside. Monitor CHFCNY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

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

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

FOREX_CHFCNY
Open High Low CHFCNY Price Change
7.109078 7.119341 7.105900 7.119341 +0.010263
Entry Signal

MarketClub’s Trade Triangles for CHFCNY

long term up The long-term trend has been UP since May 13th, 2019 at 6.789850

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2019 at 7.120774

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 7.195419

Smart Scan Analysis for CHFCNY

Based on our trend formula, CHFCNY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.109078 7.119341 7.105900 7.119341 +0.010263
Prev. Close Volume Bid Ask Time
7.109078 7.109929 7.128753 2020-02-17 17:03:44
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