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Forex Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Weak Downtrend (-65) - CHFRUB is showing signs of a strengthening downtrend. Monitor CHFRUB as it may be building momentum to the downside.

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
101.63590 101.63590 101.22047 101.22047 -0.41543
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long-term trend has been UP since Jan 25th, 2024 at 113.34474

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 101.26512

short term down The short-term trend has been DOWN since May 3rd, 2024 at 101.29012

Smart Scan Analysis for CHFRUB

Based on our trend formula, CHFRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.63590 101.63590 101.22047 101.22047 -0.41543
Prev. Close Volume Bid Ask Time
101.63590 2024-05-04 19:01:10
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