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Forex Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Sidelines Mode (+55) - CHFRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CHFRUB?

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

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

FOREX_CHFRUB
Open High Low CHFRUB Price Change
84.29783 84.29783 84.29783 84.29783 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long-term trend has been UP since Jan 31st, 2020 at 65.92150

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 74.57486

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 84.71925

Smart Scan Analysis for CHFRUB

Based on our trend formula, CHFRUB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.29783 84.29783 84.29783 84.29783 0.00000
Prev. Close Volume Bid Ask Time
84.29783 2020-10-24 05:09:07
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