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Forex Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
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, SHORTSYMBOL 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 Mar 1st, 2021 at 4.0416483
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 3.9810113
The short-term trend has been DOWN since Dec 6th, 2021 at 3.9918058
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 |
|---|---|---|---|---|
| 3.9877640 | 3.9877640 | 3.9678622 | 3.9678622 | -0.0199020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9877640 | 2021-12-06 12:44:34 |