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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
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.
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MarketClub’s Trade Triangles for CHFRSD
The long-term trend has been UP since Jun 14th, 2024 at 122.59637
The intermediate-term trend has been UP since Nov 19th, 2024 at 125.18273
The short-term trend has been DOWN since Nov 26th, 2024 at 125.59460
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 125.53053 | 125.59146 | 125.53053 | 125.59146 | +0.06093 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.53053 | 2024-12-03 02:18:04 |