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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Strong Uptrend (+100) - CNHCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNHCHF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.12430738 0.12444404 0.12425604 0.12438695 +0.00008000
Entry Signal

MarketClub’s Trade Triangles for CNHCHF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.12293942

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2024 at 0.12033595

short term up The short-term trend has been UP since Mar 11th, 2024 at 0.12233120

Smart Scan Analysis for CNHCHF

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

+100
Smart Scan Analysis for CNHCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12430738 0.12444404 0.12425604 0.12438695 +0.00008000
Prev. Close Volume Bid Ask Time
0.12430738 2024-03-29 02:09:44
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