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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Countertrend Down (-85) - CNYCHF 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 CNYCHF?

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

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

FOREX_CNYCHF
Open High Low CNYCHF Price Change
0.14253826 0.14380400 0.14230013 0.14335031 +0.00081200
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

long term down The long-term trend has been DOWN since May 23rd, 2022 at 0.14356771

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2022 at 0.14251335

short term up The short-term trend has been UP since Jul 1st, 2022 at 0.14347096

Smart Scan Analysis for CNYCHF

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

-85
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14253826 0.14380400 0.14230013 0.14335031 +0.00081200
Prev. Close Volume Bid Ask Time
0.14253826 2022-07-01 17:10:48
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