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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Sidelines Mode (+55) - CHFAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CHFAUD
Open High Low CHFAUD Price Change
1.4172938 1.4201923 1.4114333 1.4155885 -0.0017050
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term down The long-term trend has been DOWN since Nov 24th, 2020 at 1.4895645

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 1.4106369

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 1.4004977

Smart Scan Analysis for CHFAUD

Based on our trend formula, CHFAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4172938 1.4201923 1.4114333 1.4155885 -0.0017050
Prev. Close Volume Bid Ask Time
1.4172938 2021-05-07 18:41:25
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