Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Swiss Franc/Euro (FOREX:CHFEUR)
Bull Market Weakness (+75) - CHFEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFEUR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CHFEUR
The long-term trend has been UP since May 19th, 2023 at 1.0302746
The intermediate-term trend has been UP since Nov 29th, 2023 at 1.0420466
The short-term trend has been DOWN since Dec 8th, 2023 at 1.0559105
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).