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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

US Dollar/Swiss Franc (FOREX:USDCHF)

Bull Market Weakness (+75) - USDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCHF as it may be in the beginning stages of a reversal.

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
0.9830650 0.9834019 0.9809000 0.9821300 -0.0009350
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 up The intermediate-term trend has been UP since Feb 7th, 2020 at 0.97670

short term up The short-term trend has been UP since Feb 13th, 2020 at 0.97885

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
0.9830650 0.9834019 0.9809000 0.9821300 -0.0009350
Prev. Close Volume Bid Ask Time
0.9830650 0.9821100 0.9821500 2020-02-21 08:36:17
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