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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Strong Uptrend (+100) - CHFJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_CHFJPY
Open High Low CHFJPY Price Change
178.73783 179.81362 178.71228 178.76228 +0.02445
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long-term trend has been UP since Jan 5th, 2024 at 170.54578

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2024 at 168.54000

short term up The short-term trend has been UP since May 27th, 2024 at 171.89676

Smart Scan Analysis for CHFJPY

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

+100
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.73783 179.81362 178.71228 178.76228 +0.02445
Prev. Close Volume Bid Ask Time
178.73783 2024-06-22 22:45:00
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