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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Swiss Franc/South African Rand (FOREX:CHFZAR)

Long-Term Uptrend (+90) - CHFZAR is in a strong uptrend that is likely to continue. While CHFZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_CHFZAR
Open High Low CHFZAR Price Change
17.023578 17.023578 17.023578 17.023578 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFZAR

long term up The long-term trend has been UP since Jun 29th, 2022 at 16.937188

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2022 at 16.544526

short term up The short-term trend has been UP since Jun 28th, 2022 at 16.680815

Smart Scan Analysis for CHFZAR

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

+90
Smart Scan Analysis for CHFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.023578 17.023578 17.023578 17.023578 0.000000
Prev. Close Volume Bid Ask Time
17.023578 2022-07-02 07:16:53
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