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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.
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MarketClub’s Trade Triangles for NZDCHF
The long-term trend has been DOWN since Apr 11th, 2023 at 0.56111500
The intermediate-term trend has been DOWN since May 25th, 2023 at 0.54830000
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).
| 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 |