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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/Euro (FOREX:CHFEUR)
Countertrend Up (+85) - CHFEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CHFEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFEUR
The long-term trend has been UP since Jun 14th, 2024 at 1.0465177
The intermediate-term trend has been UP since Dec 25th, 2024 at 1.0803978
The short-term trend has been UP since Dec 25th, 2024 at 1.0755185
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0685416 | 1.0690500 | 1.0657005 | 1.0674050 | -0.0011370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0685416 | 2024-12-26 19:40:55 |