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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)
Strong Downtrend (-100) - CHFNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFNZD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFNZD
The long-term trend has been DOWN since Feb 22nd, 2024 at 1.8318894
The intermediate-term trend has been DOWN since May 6th, 2024 at 1.8321800
The short-term trend has been DOWN since May 9th, 2024 at 1.8315734
Smart Scan Analysis for CHFNZD
Based on our trend formula, CHFNZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.83315 | 1.83678 | 1.82942 | 1.82985 | -0.00330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.83315 | 2024-05-09 15:21:37 |