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Forex Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

Euro/Swiss Franc (FOREX:EURCHF)

Crossroads (-60) - EURCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.064350 1.065750 1.063050 1.065425 +0.001075
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term up The long-term trend has been UP since Jun 2nd, 2020 at 1.072650

intermediate term down The intermediate-term trend has been DOWN since Jun 25th, 2020 at 1.063825

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 1.062950

Smart Scan Analysis for EURCHF

Based on our trend formula, EURCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.064350 1.065750 1.063050 1.065425 +0.001075
Prev. Close Volume Bid Ask Time
1.064350 1.065380 1.065470 2020-07-06 16:34:11
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