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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Countertrend Up (+85) - CHFUSD 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 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
1.0794821 1.0815298 1.0736816 1.0791036 -0.0003790
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term up The long-term trend has been UP since Nov 15th, 2022 at 1.0672023

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2023 at 1.0897467

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 1.0837060

Smart Scan Analysis for CHFUSD

Based on our trend formula, CHFUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0794821 1.0815298 1.0736816 1.0791036 -0.0003790
Prev. Close Volume Bid Ask Time
1.0794821 2023-03-20 08:48:22
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