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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Bull Market Weakness (+75) - CNYCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYCHF as it may be in the beginning stages of a reversal.

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
0.14375117 0.14388294 0.14359063 0.14366219 -0.00008900
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 up The intermediate-term trend has been UP since Aug 12th, 2021 at 0.14257110

short term up The short-term trend has been UP since Oct 18th, 2021 at 0.14387226

Smart Scan Analysis for CNYCHF

Based on our trend formula, CNYCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14375117 0.14388294 0.14359063 0.14366219 -0.00008900
Prev. Close Volume Bid Ask Time
0.14375117 2021-10-21 06:37:12
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