Yep. Without leaving the browser, https://news.ycombinator.com/cdn-cgi/trace confirms that.
Edit: Seems to work also for at least some other Cloudflare sites. Interestingly HN is served from Stockholm (behind a sea cable) while others are served from Helsinki (should be closer). Not enough hackers here in Finland?
Edit 2: Works also on sites where Turnstyle keeps me out.