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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

Long-Term Uptrend (+90) - CHFAED is in a strong uptrend that is likely to continue. While CHFAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_CHFAED
Open High Low CHFAED Price Change
4.1517068 4.1563992 4.1512376 4.1549604 +0.0032540
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long-term trend has been UP since Jul 17th, 2024 at 4.1573175

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2024 at 4.1177018

short term up The short-term trend has been UP since Jul 16th, 2024 at 4.1089607

Smart Scan Analysis for CHFAED

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

+90
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1517068 4.1563992 4.1512376 4.1549604 +0.0032540
Prev. Close Volume Bid Ask Time
4.1517068 2024-07-18 04:07:31
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