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.

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

MarketClub’s Trade Triangles for CNHCHF

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

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

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

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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