Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Bear Market Rally (-75) - CHFAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFAUD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CHFAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFAUD
The long-term trend has been DOWN since Nov 24th, 2020 at 1.4895645
The intermediate-term trend has been DOWN since Dec 11th, 2020 at 1.4889430
The short-term trend has been UP since Feb 26th, 2021 at 1.4115423
Smart Scan Analysis for CHFAUD
Based on our trend formula, CHFAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).