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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Crossroads (+60) - CHFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CHFUSD
Open High Low CHFUSD Price Change
1.0457123 1.0530553 1.0438838 1.0475350 +0.0018230
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long-term trend has been DOWN since Sep 16th, 2021 at 1.0782083

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 1.0472143

short term up The short-term trend has been UP since Jun 16th, 2022 at 1.0127000

Smart Scan Analysis for CHFUSD

Based on our trend formula, CHFUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0457123 1.0530553 1.0438838 1.0475350 +0.0018230
Prev. Close Volume Bid Ask Time
1.0457123 2022-06-29 21:46:39
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