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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

US Dollar/Swiss Franc (FOREX:USDCHF)

Strong Downtrend (-100) - USDCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_USDCHF
Open High Low USDCHF Price Change
0.919310 0.919900 0.909950 0.911555 -0.007755
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term down The long-term trend has been DOWN since Dec 17th, 2019 at 0.97980

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2020 at 0.95940

short term down The short-term trend has been DOWN since Aug 12th, 2020 at 0.91069

Smart Scan Analysis for USDCHF

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

-100
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.919310 0.919900 0.909950 0.911555 -0.007755
Prev. Close Volume Bid Ask Time
0.919310 0.911510 0.911600 2020-08-12 20:32:14
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