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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Strong Uptrend (+100) - CHFHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_CHFHUF
Open High Low CHFHUF Price Change
410.19296 410.49046 406.71092 407.51472 -2.67824
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since Jun 14th, 2024 at 417.12984

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2024 at 410.47943

short term up The short-term trend has been UP since Jul 24th, 2024 at 404.89057

Smart Scan Analysis for CHFHUF

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

+100
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
410.19296 410.49046 406.71092 407.51472 -2.67824
Prev. Close Volume Bid Ask Time
410.19296 2024-07-26 20:25:01
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