Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
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.
MarketClub’s Trade Triangles for CHFAUD
The long-term trend has been UP since Mar 10th, 2023 at 1.6512561
The intermediate-term trend has been UP since Feb 15th, 2023 at 1.5710929
The short-term trend has been UP since Mar 21st, 2023 at 1.6204330
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).