Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Crossroads (-60) - CHFAUD 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 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 Jun 3rd, 2021 at 1.4441493
The intermediate-term trend has been DOWN since Sep 3rd, 2021 at 1.4693680
The short-term trend has been DOWN since Oct 3rd, 2021 at 1.4775422
Smart Scan Analysis for CHFAUD
Based on our trend formula, CHFAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).