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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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
171.95362 173.25953 171.87004 173.20000 +1.24638
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 167.32665

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2025 at 171.73600

short term down 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).

-90
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways 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
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