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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

British Pound/Swiss Franc (FOREX:GBPCHF)

Sidelines Mode (-55) - GBPCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPCHF?

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

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

FOREX_GBPCHF
Open High Low GBPCHF Price Change
1.26850 1.27108 1.26680 1.27093 +0.00243
Entry Signal

MarketClub’s Trade Triangles for GBPCHF

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 1.25170

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 1.25640

short term up The short-term trend has been UP since Oct 15th, 2021 at 1.26675

Smart Scan Analysis for GBPCHF

Based on our trend formula, GBPCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.26850 1.27108 1.26680 1.27093 +0.00243
Prev. Close Volume Bid Ask Time
1.26850 2021-10-19 07:06:59
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