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Forex Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

Chinese Yuan Renminbi Offshore/Swiss Franc (FOREX:CNHCHF)

Countertrend Up (+85) - CNHCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CNHCHF
Open High Low CNHCHF Price Change
0.13739415 0.13755145 0.13697430 0.13727900 -0.00011500
Entry Signal

MarketClub’s Trade Triangles for CNHCHF

long term up The long-term trend has been UP since Sep 1st, 2020 at 0.13216023

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2020 at 0.13771906

short term down The short-term trend has been DOWN since Jan 15th, 2021 at 0.13704500

Smart Scan Analysis for CNHCHF

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

+85
Smart Scan Analysis for CNHCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13739415 0.13755145 0.13697430 0.13727900 -0.00011500
Prev. Close Volume Bid Ask Time
0.13739415 2021-01-15 12:31:44
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