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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Chinese Yuan Renminbi Offshore/Swiss Franc (FOREX:CNHCHF)

Weak Uptrend (+65) - CNHCHF is showing signs of weakening momentum to the upside. Monitor CNHCHF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNHCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNHCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNHCHF
Open High Low CNHCHF Price Change
0.14344894 0.14395432 0.14329248 0.14347454 +0.00002600
Entry Signal

MarketClub’s Trade Triangles for CNHCHF

long term up The long-term trend has been UP since Sep 1st, 2020 at 0.13216023

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2021 at 0.14248273

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 0.14343027

Smart Scan Analysis for CNHCHF

Based on our trend formula, CNHCHF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNHCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14344894 0.14395432 0.14329248 0.14347454 +0.00002600
Prev. Close Volume Bid Ask Time
0.14344894 2021-10-15 18:27:07
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