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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Countertrend Down (-85) - CHFNZD 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 CHFNZD?

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

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

FOREX_CHFNZD
Open High Low CHFNZD Price Change
1.500878 1.500878 1.500878 1.500878 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 1.651550

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2020 at 1.565165

short term up The short-term trend has been UP since Mar 5th, 2021 at 1.511580

Smart Scan Analysis for CHFNZD

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

-85
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.500878 1.500878 1.500878 1.500878 0.000000
Prev. Close Volume Bid Ask Time
1.500878 2021-03-06 02:29:41
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