Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/Chinese Yuan Renminbi Offshore (FOREX:CHFCNH)
Strong Uptrend (+100) - CHFCNH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFCNH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CHFCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFCNH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFCNH
The long-term trend has been UP since Jun 17th, 2024 at 8.181750
The intermediate-term trend has been UP since Jul 17th, 2024 at 8.168877
The short-term trend has been UP since Jul 16th, 2024 at 8.140689
Smart Scan Analysis for CHFCNH
Based on our trend formula, CHFCNH is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.234751 | 8.235559 | 8.214586 | 8.230145 | -0.004606 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.234751 | 2024-07-26 20:31:09 |