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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Long-Term Uptrend (+90) - CHFAUD is in a strong uptrend that is likely to continue. While CHFAUD 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 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.

FOREX_CHFAUD
Open High Low CHFAUD Price Change
1.7329400 1.7334040 1.7214680 1.7280123 -0.0049280
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term up The long-term trend has been UP since Jul 25th, 2024 at 1.7410077

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2024 at 1.6869108

short term up The short-term trend has been UP since Jul 15th, 2024 at 1.6545346

Smart Scan Analysis for CHFAUD

Based on our trend formula, CHFAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7329400 1.7334040 1.7214680 1.7280123 -0.0049280
Prev. Close Volume Bid Ask Time
1.7329400 2024-07-26 19:34:21
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