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Market Overview
The CHF/MAD pair closed at 11.78837 on January 29, 2026, reflecting a marginal increase of 0.01% from the previous close of 11.78678. Despite this slight gain, the pair remains in a downtrend, supported by the 20-day SMA at 11.79822 being above the 5-day SMA of 11.78651. The 50-day and 200-day moving averages are not provided, but the RSI and momentum indicators suggest subdued bearish pressure. Nearest support is around 11.78, with resistance near 11.82, consistent with the recent 30-day high and low. No significant upcoming economic events are noted to influence price action imminently. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.