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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Bull Market Weakness (+75) - CHFJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFJPY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CHFJPY
Open High Low CHFJPY Price Change
112.15980 112.27236 111.89080 112.05850 -0.10130
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long-term trend has been UP since Oct 21st, 2019 at 110.36500

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2020 at 114.27374

short term up The short-term trend has been UP since Apr 6th, 2020 at 111.57400

Smart Scan Analysis for CHFJPY

Based on our trend formula, CHFJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.15980 112.27236 111.89080 112.05850 -0.10130
Prev. Close Volume Bid Ask Time
112.15980 112.05000 112.06700 2020-04-09 07:36:44
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