Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Bear Market Rally (-75) - CHFAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFAUD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CHFAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFAUD
Open High Low CHFAUD Price Change
1.6809560 1.6818213 1.6764471 1.6772907 -0.0036650
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 1.6989835

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 1.7061947

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 1.7021289

Smart Scan Analysis for CHFAUD

Based on our trend formula, CHFAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6809560 1.6818213 1.6764471 1.6772907 -0.0036650
Prev. Close Volume Bid Ask Time
1.6809560 2024-04-25 07:22:50
Get a free daily analysis and signals for Swiss Franc/Australian Dollar (CHFAUD) - Request Your Free Report.