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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Swiss Franc/Thai Baht (FOREX:CHFTHB)

Countertrend Down (-85) - CHFTHB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid CHFTHB?

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

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

FOREX_CHFTHB
Open High Low CHFTHB Price Change
33.525580 33.528635 33.241837 33.255867 -0.269713
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 33.803233

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2021 at 33.645969

short term up The short-term trend has been UP since Feb 25th, 2021 at 33.523661

Smart Scan Analysis for CHFTHB

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

-85
Smart Scan Analysis for CHFTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.525580 33.528635 33.241837 33.255867 -0.269713
Prev. Close Volume Bid Ask Time
33.525580 2021-03-01 04:16:36
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