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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Strong Downtrend (-100) - CHFRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFRUB continues to fall. Traders should use caution 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
96.49442 97.81809 96.33039 97.29126 +0.79684
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 96.87227

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 96.87227

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 98.20231

Smart Scan Analysis for CHFRUB

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

-100
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
96.49442 97.81809 96.33039 97.29126 +0.79684
Prev. Close Volume Bid Ask Time
96.49442 2024-07-26 20:29:00
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