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Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2024.
Euro/Swiss Franc (FOREX:EURCHF)
Countertrend Down (-85) - EURCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Oct 24th, 2024 at 0.933525
The short-term trend has been UP since Nov 15th, 2024 at 0.938820
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.93645 | 0.93645 | 0.93645 | 0.93645 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.93645 | 2024-11-16 00:51:01 |