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Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

Euro/Swiss Franc (FOREX:EURCHF)

Weak Downtrend (-65) - EURCHF is showing signs of a strengthening downtrend. Monitor EURCHF as it may be building momentum to the downside.

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
0.939185 0.940150 0.937735 0.939465 +0.000280
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.955550

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2024 at 0.949415

short term down The short-term trend has been DOWN since Sep 27th, 2024 at 0.941190

Smart Scan Analysis for EURCHF

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

-65
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.939185 0.940150 0.937735 0.939465 +0.000280
Prev. Close Volume Bid Ask Time
0.939185 2024-10-04 05:18:01
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