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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, EURCHF 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 Jun 14th, 2024 at 0.955550
The intermediate-term trend has been DOWN since Oct 24th, 2024 at 0.933525
The short-term trend has been DOWN since Nov 17th, 2024 at 0.933995
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 |
|---|---|---|---|---|
| 0.935750 | 0.936750 | 0.934525 | 0.934550 | -0.001200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.935750 | 2024-11-20 03:34:40 |