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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Swiss Franc/ (FOREX:CHFRSD)

Strong Uptrend (+100) - CHFRSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFRSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
124.35634 124.35857 124.35634 124.35857 +0.00223
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 Nov 29th, 2023 at 121.67073

short term up The short-term trend has been UP since Nov 24th, 2023 at 121.47914

Smart Scan Analysis for CHFRSD

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

+100
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.35634 124.35857 124.35634 124.35857 +0.00223
Prev. Close Volume Bid Ask Time
124.35634 2023-12-06 15:58:34
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