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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Bull Market Weakness (+75) - CHFUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFUSD as it may be in the beginning stages of a reversal.

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
1.0822606 1.0854353 1.0807079 1.0849266 +0.0026660
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 Oct 14th, 2021 at 1.0850695

short term up The short-term trend has been UP since Oct 19th, 2021 at 1.0854040

Smart Scan Analysis for CHFUSD

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

+70
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0822606 1.0854353 1.0807079 1.0849266 +0.0026660
Prev. Close Volume Bid Ask Time
1.0822606 2021-10-20 09:44:04
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