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Forex Trend Analysis Report
Prepared for you on Tuesday, January 14, 2025.
Swiss Franc/Japanese Yen (FOREX:CHFJPY)
Long-Term Downtrend (-90) - CHFJPY is in a strong downtrend that is likely to continue. While CHFJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFJPY
The long-term trend has been DOWN since Aug 5th, 2024 at 167.32665
The intermediate-term trend has been DOWN since Jan 12th, 2025 at 171.73600
The short-term trend has been DOWN since Jan 9th, 2025 at 173.12323
Smart Scan Analysis for CHFJPY
Based on our trend formula, CHFJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 171.95362 | 173.25953 | 171.87004 | 173.20000 | +1.24638 |
| Prev. Close | Volume | Bid | Ask | Time |
| 171.95362 | 2025-01-14 18:43:14 |