Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Long-Term Downtrend (-90) - CHFAED is in a strong downtrend that is likely to continue. While CHFAED 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 CHFAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for CHFAED
The long-term trend has been DOWN since Mar 1st, 2024 at 4.1416522
The intermediate-term trend has been DOWN since Jan 16th, 2024 at 4.2809236
The short-term trend has been DOWN since Mar 12th, 2024 at 4.1844012
Smart Scan Analysis for CHFAED
Based on our trend formula, CHFAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.0570983 | 4.0741809 | 4.0536245 | 4.0738132 | +0.0167150 |
Prev. Close | Volume | Bid | Ask | Time |
4.0570983 | 2024-03-28 11:04:57 |