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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Swiss Franc/Thai Baht (FOREX:CHFTHB)

Countertrend Up (+85) - CHFTHB 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 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
36.251702 36.360588 36.174371 36.312188 +0.060486
Entry Signal

MarketClub’s Trade Triangles for CHFTHB

long term up The long-term trend has been UP since Dec 1st, 2021 at 36.740278

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2021 at 36.602285

short term down The short-term trend has been DOWN since Dec 6th, 2021 at 36.609954

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
36.251702 36.360588 36.174371 36.312188 +0.060486
Prev. Close Volume Bid Ask Time
36.251702 2021-12-08 16:12:28
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