Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Long-Term Downtrend (-90) - AUDCHF is in a strong downtrend that is likely to continue. While AUDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDCHF
The long-term trend has been DOWN since Jun 22nd, 2022 at 0.6650000
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 0.6770591
The short-term trend has been DOWN since Jun 16th, 2022 at 0.6840000
Smart Scan Analysis for AUDCHF
Based on our trend formula, AUDCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).