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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Euro/Swiss Franc (FOREX:EURCHF)

Countertrend Up (+85) - EURCHF 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 EURCHF?

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

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

FOREX_EURCHF
Open High Low EURCHF Price Change
1.097290 1.098135 1.095140 1.097320 +0.000030
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term up The long-term trend has been UP since Dec 28th, 2020 at 1.087760

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2021 at 1.084100

short term down The short-term trend has been DOWN since Feb 28th, 2021 at 1.095645

Smart Scan Analysis for EURCHF

Based on our trend formula, EURCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.097290 1.098135 1.095140 1.097320 +0.000030
Prev. Close Volume Bid Ask Time
1.097290 2021-02-28 17:22:07
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