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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Crossroads (-60) - CNYCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.13625641 0.13653752 0.13573239 0.13628035 +0.00002400
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

long term up The long-term trend has been UP since Sep 27th, 2020 at 0.13629566

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2020 at 0.13574939

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.13823326

Smart Scan Analysis for CNYCHF

Based on our trend formula, CNYCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13625641 0.13653752 0.13573239 0.13628035 +0.00002400
Prev. Close Volume Bid Ask Time
0.13625641 2020-12-04 08:34:29
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