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Forex Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

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

Bull Market Weakness (+75) - CNHCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNHCHF as it may be in the beginning stages of a reversal.

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
0.14516803 0.14529811 0.14507411 0.14525352 +0.00008500
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 down The intermediate-term trend has been DOWN since Dec 5th, 2021 at 0.14374097

short term up The short-term trend has been UP since Dec 6th, 2021 at 0.14471117

Smart Scan Analysis for CNHCHF

Based on our trend formula, CNHCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CNHCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14516803 0.14529811 0.14507411 0.14525352 +0.00008500
Prev. Close Volume Bid Ask Time
0.14516803 2021-12-09 05:48:49
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