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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Long-Term Uptrend (+90) - CHFAED is in a strong uptrend that is likely to continue. While CHFAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFAED
The long-term trend has been UP since Jul 17th, 2024 at 4.1573175
The intermediate-term trend has been UP since Jul 17th, 2024 at 4.1177018
The short-term trend has been UP since Jul 24th, 2024 at 4.1394906
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 |
|---|---|---|---|---|
| 4.1690342 | 4.1690342 | 4.1552011 | 4.1562300 | -0.0128040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1690342 | 2024-07-26 17:00:05 |