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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Strong Downtrend (-100) - CHFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.0927100 1.0941888 1.0870790 1.0874100 -0.0053000
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 1.0980348

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2021 at 1.1210388

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 1.1171157

Smart Scan Analysis for CHFUSD

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

-100
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0927100 1.0941888 1.0870790 1.0874100 -0.0053000
Prev. Close Volume Bid Ask Time
1.0927100 2021-03-03 16:31:58
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