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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Countertrend Up (+85) - CHFRUB 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 CHFRUB?

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

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

FOREX_CHFRUB
Open High Low CHFRUB Price Change
64.822156 65.118475 63.933911 64.803692 -0.018464
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long-term trend has been UP since Jul 3rd, 2022 at 112.466320

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2022 at 112.466320

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 64.131532

Smart Scan Analysis for CHFRUB

Based on our trend formula, CHFRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.822156 65.118475 63.933911 64.803692 -0.018464
Prev. Close Volume Bid Ask Time
64.822156 2022-08-16 22:07:09
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