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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Euro/Swiss Franc (FOREX:EURCHF)
Bear Market Rally (-75) - EURCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURCHF as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for EURCHF
The long-term trend has been DOWN since Jun 14th, 2024 at 0.955550
The intermediate-term trend has been UP since Dec 13th, 2024 at 0.938335
The short-term trend has been DOWN since Dec 18th, 2024 at 0.935180
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.93165 | 0.93165 | 0.92920 | 0.93145 | -0.00020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.93165 | 2024-12-21 09:12:27 |