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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Strong Downtrend (-100) - CHFAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFAED continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFAED
The long-term trend has been DOWN since Nov 11th, 2024 at 4.1857550
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 4.1104337
The short-term trend has been DOWN since Dec 11th, 2024 at 4.1609929
Smart Scan Analysis for CHFAED
Based on our trend formula, CHFAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0814517 | 4.0814517 | 4.0814517 | 4.0814517 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0814517 | 2024-12-26 03:21:42 |