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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Swiss Franc/Euro (FOREX:CHFEUR)

Countertrend Down (-85) - CHFEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_CHFEUR
Open High Low CHFEUR Price Change
1.0117925 1.0121240 1.0061881 1.0070798 -0.0047130
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term down The long-term trend has been DOWN since Jan 11th, 2023 at 1.0043091

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.9968798

short term up The short-term trend has been UP since Mar 24th, 2023 at 1.0106895

Smart Scan Analysis for CHFEUR

Based on our trend formula, CHFEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0117925 1.0121240 1.0061881 1.0070798 -0.0047130
Prev. Close Volume Bid Ask Time
1.0117925 2023-03-28 07:22:12
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