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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Bear Market Rally (-75) - CHFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFUSD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CHFUSD
The long-term trend has been DOWN since Mar 1st, 2024 at 1.1251723
The intermediate-term trend has been DOWN since Jan 1st, 2024 at 1.1342750
The short-term trend has been UP since Apr 18th, 2024 at 1.0996592
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1029294 | 1.1030250 | 1.0977897 | 1.0982644 | -0.0046650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1030128 | 2024-04-19 17:03:21 |