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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Swiss Franc/Chinese Yuan Renminbi (FOREX:CHFCNY)

Weak Downtrend (-65) - CHFCNY is showing signs of a strengthening downtrend. Monitor CHFCNY as it may be building momentum to the downside.

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

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

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

FOREX_CHFCNY
Open High Low CHFCNY Price Change
6.984445 6.987074 6.951320 6.951819 -0.032626
Entry Signal

MarketClub’s Trade Triangles for CHFCNY

long term down The long-term trend has been DOWN since Sep 25th, 2020 at 7.339111

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2022 at 6.887720

short term up The short-term trend has been UP since Jan 12th, 2022 at 6.946243

Smart Scan Analysis for CHFCNY

Based on our trend formula, CHFCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.984445 6.987074 6.951320 6.951819 -0.032626
Prev. Close Volume Bid Ask Time
6.984445 2022-01-14 16:37:20
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