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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Long-Term Downtrend (-90) - CHFRUB is in a strong downtrend that is likely to continue. While CHFRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
99.58928 100.23069 99.58928 100.23069 +0.64141
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 96.87227

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 96.87227

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 98.84304

Smart Scan Analysis for CHFRUB

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

-90
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.58928 100.23069 99.58928 100.23069 +0.64141
Prev. Close Volume Bid Ask Time
99.58928 2024-06-15 07:47:53
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