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Forex Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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
169.27800 169.57355 168.67248 168.95885 -0.31915
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long-term trend has been UP since Mar 10th, 2023 at 148.66100

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2023 at 165.22165

short term up The short-term trend has been UP since Nov 30th, 2023 at 169.44743

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
169.27800 169.57355 168.67248 168.95885 -0.31915
Prev. Close Volume Bid Ask Time
169.27800 2023-12-01 18:59:52
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