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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

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.

FOREX_EURCHF
Open High Low EURCHF Price Change
0.971010 0.973190 0.969650 0.971475 +0.000465
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term down The long-term trend has been DOWN since Feb 23rd, 2022 at 1.03003

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 1.01795

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 0.97595

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
0.971010 0.973190 0.969650 0.971475 +0.000465
Prev. Close Volume Bid Ask Time
0.971010 2022-08-11 20:33:31
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