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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Swiss Franc/ (FOREX:CHFRSD)
Sidelines Mode (+55) - CHFRSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFRSD.
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 CHFRSD
The long-term trend has been DOWN since Mar 1st, 2024 at 122.46852
The intermediate-term trend has been UP since Apr 15th, 2024 at 120.84722
The short-term trend has been DOWN since Apr 22nd, 2024 at 120.50860
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.54835 | 120.58650 | 120.42055 | 120.54032 | -0.00803 |
| Prev. Close | Volume | Bid | Ask | Time |
| 120.54835 | 2024-04-23 06:05:05 |