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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Strong Uptrend (+100) - CHFJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFJPY 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 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
116.10677 117.41805 116.04567 117.17850 +1.07173
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long-term trend has been UP since Jul 8th, 2020 at 114.59718

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 114.07475

short term up The short-term trend has been UP since Jul 30th, 2020 at 115.17114

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
116.10677 117.41805 116.04567 117.17850 +1.07173
Prev. Close Volume Bid Ask Time
116.10677 117.17400 117.18300 2020-08-12 20:10:45
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