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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

Sidelines Mode (+55) - CHFAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
1.726715 1.732127 1.723842 1.726579 -0.000136
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term up The long-term trend has been UP since Mar 10th, 2023 at 1.6512561

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2023 at 1.7461500

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 1.7256268

Smart Scan Analysis for CHFAUD

Based on our trend formula, CHFAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.726715 1.732127 1.723842 1.726579 -0.000136
Prev. Close Volume Bid Ask Time
1.726715 2023-12-08 15:31:23
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