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Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Euro/Swiss Franc (FOREX:EURCHF)
Strong Downtrend (-100) - EURCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURCHF
The long-term trend has been DOWN since Jan 2nd, 2019 at 1.12180
The intermediate-term trend has been DOWN since Dec 30th, 2019 at 1.08615
The short-term trend has been DOWN since Apr 8th, 2020 at 1.05505
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.05575 | 1.05615 | 1.05495 | 1.05504 | -0.00071 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.05575 | 1.05499 | 1.05509 | 2020-04-09 07:39:37 |