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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Swiss Franc/Israeli Shekel (FOREX:CHFILS)

Strong Downtrend (-100) - CHFILS 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 CHFILS?

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

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

FOREX_CHFILS
Open High Low CHFILS Price Change
3.6027580 3.6079078 3.5796419 3.5944674 -0.0082910
Entry Signal

MarketClub’s Trade Triangles for CHFILS

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 3.6796518

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 3.6263111

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 3.6039279

Smart Scan Analysis for CHFILS

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

-100
Smart Scan Analysis for CHFILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6027580 3.6079078 3.5796419 3.5944674 -0.0082910
Prev. Close Volume Bid Ask Time
3.6027580 2021-03-03 17:03:41
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