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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Swiss Franc/ (FOREX:CHFRSD)

Countertrend Up (+85) - CHFRSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
117.58115 117.61604 117.56276 117.61027 +0.02912
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long-term trend has been UP since Mar 10th, 2023 at 119.53131

intermediate term up The intermediate-term trend has been UP since Mar 9th, 2023 at 119.16950

short term up The short-term trend has been UP since Mar 24th, 2023 at 118.23651

Smart Scan Analysis for CHFRSD

Based on our trend formula, CHFRSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.58115 117.61604 117.56276 117.61027 +0.02912
Prev. Close Volume Bid Ask Time
117.58115 2023-03-29 00:31:20
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