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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

British Pound/Swiss Franc (FOREX:GBPCHF)

Crossroads (-60) - GBPCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPCHF
Open High Low GBPCHF Price Change
1.212200 1.215275 1.205865 1.206320 -0.005880
Entry Signal

MarketClub’s Trade Triangles for GBPCHF

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1.25523

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 1.19170

short term up The short-term trend has been UP since Dec 1st, 2020 at 1.21310

Smart Scan Analysis for GBPCHF

Based on our trend formula, GBPCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.212200 1.215275 1.205865 1.206320 -0.005880
Prev. Close Volume Bid Ask Time
1.212200 2020-12-01 09:57:15
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