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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swiss Franc/ (FOREX:CHFRSD)

Long-Term Downtrend (-90) - CHFRSD is in a strong downtrend that is likely to continue. While CHFRSD 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 CHFRSD?

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

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

FOREX_CHFRSD
Open High Low CHFRSD Price Change
120.51299 120.53593 120.51299 120.53593 +0.02294
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 122.46852

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2024 at 124.21053

short term down The short-term trend has been DOWN since Feb 29th, 2024 at 122.61830

Smart Scan Analysis for CHFRSD

Based on our trend formula, CHFRSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.51299 120.53593 120.51299 120.53593 +0.02294
Prev. Close Volume Bid Ask Time
120.51299 2024-03-29 03:30:06
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