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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

US Dollar/Swiss Franc (FOREX:USDCHF)

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

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
0.90558 0.90610 0.90347 0.90431 -0.00127
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term up The long-term trend has been UP since Mar 1st, 2021 at 0.910175

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.922310

short term down The short-term trend has been DOWN since Apr 5th, 2021 at 0.940450

Smart Scan Analysis for USDCHF

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

-70
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.90558 0.90610 0.90347 0.90431 -0.00127
Prev. Close Volume Bid Ask Time
0.90558 2021-05-12 05:07:48
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