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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Countertrend Down (-85) - CHFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
1.1111194 1.1119602 1.1097349 1.1102406 -0.0008790
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 1.1392552

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 1.1174463

short term up The short-term trend has been UP since Dec 25th, 2024 at 1.1228528

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
1.1111194 1.1119602 1.1097349 1.1102406 -0.0008790
Prev. Close Volume Bid Ask Time
1.1111194 2024-12-26 08:58:34
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