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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Crossroads (-60) - CHFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CHFUSD
Open High Low CHFUSD Price Change
1.1001300 1.1022037 1.0993269 1.1011375 +0.0010080
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term up The long-term trend has been UP since Dec 19th, 2019 at 1.0223500

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2021 at 1.1210388

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 1.1171157

Smart Scan Analysis for CHFUSD

Based on our trend formula, CHFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1001300 1.1022037 1.0993269 1.1011375 +0.0010080
Prev. Close Volume Bid Ask Time
1.1001300 2021-02-28 16:51:54
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