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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

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.

FOREX_CHFAUD
Open High Low CHFAUD Price Change
1.7248071 1.7334040 1.7236250 1.7317667 +0.0069600
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 down The intermediate-term trend has been DOWN since Sep 19th, 2024 at 1.7259247

short term down The short-term trend has been DOWN since Oct 14th, 2024 at 1.7227385

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).

+60
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7248071 1.7334040 1.7236250 1.7317667 +0.0069600
Prev. Close Volume Bid Ask Time
1.7248071 2024-10-15 19:14:32
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