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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)

Weak Downtrend (-65) - NZDCHF is showing signs of a strengthening downtrend. Monitor NZDCHF as it may be building momentum to the downside.

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

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

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

FOREX_NZDCHF
Open High Low NZDCHF Price Change
0.602565 0.602800 0.597300 0.599750 -0.002815
Entry Signal

MarketClub’s Trade Triangles for NZDCHF

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.6056

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2020 at 0.6109

short term down The short-term trend has been DOWN since Aug 6th, 2020 at 0.6023

Smart Scan Analysis for NZDCHF

Based on our trend formula, NZDCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.602565 0.602800 0.597300 0.599750 -0.002815
Prev. Close Volume Bid Ask Time
0.602565 0.599400 0.600100 2020-08-12 19:53:43
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