Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Strong Downtrend (-100) - CHFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Jun 1st, 2020 at 1.5444025
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 1.6744821
The short-term trend has been DOWN since May 26th, 2020 at 1.5665641
Smart Scan Analysis for CHFAUD
Based on our trend formula, CHFAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).