Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Crossroads (-60) - CHFAED 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 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 UP since Dec 17th, 2019 at 3.7451000
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 4.1172290
The short-term trend has been DOWN since Feb 17th, 2021 at 4.1129574
Smart Scan Analysis for CHFAED
Based on our trend formula, CHFAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).