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Forex Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

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
336.40012 338.36169 335.32000 337.45916 +1.05904
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since May 15th, 2019 at 288.19000

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2020 at 323.98822

short term up The short-term trend has been UP since Sep 15th, 2020 at 332.93714

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
336.40012 338.36169 335.32000 337.45916 +1.05904
Prev. Close Volume Bid Ask Time
336.40012 337.13352 337.78480 2020-09-22 22:36:45
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