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Forex Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)

Long-Term Downtrend (-90) - NZDCHF is in a strong downtrend that is likely to continue. While NZDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_NZDCHF
Open High Low NZDCHF Price Change
0.55122 0.55160 0.54870 0.54955 -0.00167
Entry Signal

MarketClub’s Trade Triangles for NZDCHF

long term down The long-term trend has been DOWN since Apr 11th, 2023 at 0.56111500

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2023 at 0.54830000

short term down The short-term trend has been DOWN since Jun 7th, 2023 at 0.54907698

Smart Scan Analysis for NZDCHF

Based on our trend formula, NZDCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55122 0.55160 0.54870 0.54955 -0.00167
Prev. Close Volume Bid Ask Time
0.55122 2023-06-07 16:18:35
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