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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
British Pound/Swiss Franc (FOREX:GBPCHF)
Crossroads (-60) - GBPCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCHF.
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 GBPCHF
The long-term trend has been UP since Feb 13th, 2024 at 1.117530
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 1.132100
The short-term trend has been DOWN since Apr 11th, 2024 at 1.140825
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.12583 | 1.12940 | 1.12583 | 1.12789 | +0.00206 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.12583 | 2024-04-19 01:50:57 |