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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)

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

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

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

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

FOREX_NZDCHF
Open High Low NZDCHF Price Change
0.5397350 0.5412703 0.5379300 0.5411150 +0.0013800
Entry Signal

MarketClub’s Trade Triangles for NZDCHF

long term down The long-term trend has been DOWN since Feb 4th, 2024 at 0.5247

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.5355

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.5401

Smart Scan Analysis for NZDCHF

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

-75
Smart Scan Analysis for NZDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5397350 0.5412703 0.5379300 0.5411150 +0.0013800
Prev. Close Volume Bid Ask Time
0.5397350 2024-04-23 12:21:55
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