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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)

Long-Term Uptrend (+90) - CNYCHF is in a strong uptrend that is likely to continue. While CNYCHF 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 CNYCHF?

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

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

FOREX_CNYCHF
Open High Low CNYCHF Price Change
0.14420983 0.14530626 0.14409884 0.14511666 +0.00090700
Entry Signal

MarketClub’s Trade Triangles for CNYCHF

long term up The long-term trend has been UP since Sep 27th, 2020 at 0.13629566

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2021 at 0.14481043

short term up The short-term trend has been UP since Dec 6th, 2021 at 0.14474636

Smart Scan Analysis for CNYCHF

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

+90
Smart Scan Analysis for CNYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14420983 0.14530626 0.14409884 0.14511666 +0.00090700
Prev. Close Volume Bid Ask Time
0.14420983 2021-12-06 20:20:23
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