Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Bull Market Weakness (+75) - CHFAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFAUD as it may be in the beginning stages of a reversal.
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 22nd, 2022 at 1.5038744
The intermediate-term trend has been UP since Jun 16th, 2022 at 1.4769522
The short-term trend has been DOWN since Jul 4th, 2022 at 1.5124850
Smart Scan Analysis for CHFAUD
Based on our trend formula, CHFAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).