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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Strong Downtrend (-100) - CHFJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFJPY continues to fall. 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
170.2380 171.0455 169.2500 169.2600 -0.9780
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 27th, 2025 at 171.23559

Smart Scan Analysis for CHFJPY

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

-100
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.2380 171.0455 169.2500 169.2600 -0.9780
Prev. Close Volume Bid Ask Time
170.2380 2025-02-04 22:48:38
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