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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Swiss Franc/British Pound (FOREX:CHFGBP)

Countertrend Down (-85) - CHFGBP 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 CHFGBP?

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

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

FOREX_CHFGBP
Open High Low CHFGBP Price Change
0.79039 0.79039 0.79039 0.79039 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term down The long-term trend has been DOWN since Jan 27th, 2021 at 0.819770

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 0.824865

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.793860

Smart Scan Analysis for CHFGBP

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

-85
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.79039 0.79039 0.79039 0.79039 0.00000
Prev. Close Volume Bid Ask Time
0.79039 2021-02-28 02:40:52
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