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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.

FOREX_EURCHF
Open High Low EURCHF Price Change
1.05575 1.05615 1.05495 1.05504 -0.00071
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term down The long-term trend has been DOWN since Jan 2nd, 2019 at 1.12180

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2019 at 1.08615

short term down 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).

-100
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways 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
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