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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Euro/Swiss Franc (FOREX:EURCHF)

Sidelines Mode (+55) - EURCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_EURCHF
Open High Low EURCHF Price Change
0.97202 0.97315 0.96939 0.97091 -0.00111
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term up The long-term trend has been UP since Jan 1st, 2024 at 0.968650

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.967750

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.972835

Smart Scan Analysis for EURCHF

Based on our trend formula, EURCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.97202 0.97315 0.96939 0.97091 -0.00111
Prev. Close Volume Bid Ask Time
0.97202 2024-04-22 06:17:26
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