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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Swiss Franc/ (FOREX:CHFRSD)

Long-Term Uptrend (+90) - CHFRSD is in a strong uptrend that is likely to continue. While CHFRSD 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 CHFRSD?

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

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

FOREX_CHFRSD
Open High Low CHFRSD Price Change
125.01843 125.01843 124.91911 124.91911 -0.09932
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long-term trend has been UP since Jun 14th, 2024 at 122.59637

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 125.18273

short term up The short-term trend has been UP since Nov 19th, 2024 at 125.07631

Smart Scan Analysis for CHFRSD

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

+90
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.01843 125.01843 124.91911 124.91911 -0.09932
Prev. Close Volume Bid Ask Time
125.01843 2024-11-20 01:51:24
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