Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swiss Franc/Euro (FOREX:CHFEUR)

Crossroads (-60) - CHFEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CHFEUR
Open High Low CHFEUR Price Change
0.9347935 0.9355851 0.9339249 0.9355000 +0.0007060
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term up The long-term trend has been UP since Jan 2nd, 2019 at 0.8915100

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2020 at 0.9338376

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.9408060

Smart Scan Analysis for CHFEUR

Based on our trend formula, CHFEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9347935 0.9355851 0.9339249 0.9355000 +0.0007060
Prev. Close Volume Bid Ask Time
0.9347935 0.9354200 0.9355800 2020-06-02 03:49:32
Get a free daily analysis and signals for Swiss Franc/Euro (CHFEUR) - Request Your Free Report.