Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Chinese Yuan Renminbi/Swiss Franc (FOREX:CNYCHF)
Strong Downtrend (-100) - CNYCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for CNYCHF
The long-term trend has been DOWN since Jan 1st, 2019 at 0.14222000
The intermediate-term trend has been DOWN since Mar 2nd, 2020 at 0.13757791
The short-term trend has been DOWN since Mar 24th, 2020 at 0.13800183
Smart Scan Analysis for CNYCHF
Based on our trend formula, CNYCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).