Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Swiss Franc/Euro (FOREX:CHFEUR)
Countertrend Down (-85) - CHFEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 11th, 2023 at 1.0043091
The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.9968798
The short-term trend has been UP since Mar 24th, 2023 at 1.0106895
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).