Hedging Question

As I checked from the past discussions, there is a big debate if hedging trade works or not....

So I have to ask here one more time to clarify:

If same USD worth of EURUSD and USDCHF, both buy is opened; would it be considered as a hedge; or is it just like trading naked EURCHF?...

As I check the correlation of the EURUSD/USDCHF for the past years, it always returns to -0.90's ....

Can someone advise if it is a hedge trade with interest and trade profit or not?....

Thank you!...

Essentially, that is correct since the net effect on the USD would be canceled, and you would basically be long the EUR/CHF.