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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Long-Term Uptrend (+90) - CHFNZD is in a strong uptrend that is likely to continue. While CHFNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.613240 1.618115 1.606660 1.609145 -0.004095
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term up The long-term trend has been UP since Feb 2nd, 2020 at 1.6064983

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 1.5556700

short term up The short-term trend has been UP since Feb 17th, 2020 at 1.5876800

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.613240 1.618115 1.606660 1.609145 -0.004095
Prev. Close Volume Bid Ask Time
1.613240 1.608820 1.609470 2020-02-24 21:40:14
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