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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Countertrend Down (-85) - CHFRUB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
100.00735 100.00735 99.39908 99.39908 -0.60827
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term down The long-term trend has been DOWN since May 6th, 2024 at 100.84144

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2024 at 101.26512

short term up The short-term trend has been UP since May 23rd, 2024 at 100.11015

Smart Scan Analysis for CHFRUB

Based on our trend formula, CHFRUB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.00735 100.00735 99.39908 99.39908 -0.60827
Prev. Close Volume Bid Ask Time
100.00735 2024-05-25 19:43:52
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