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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.
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MarketClub’s Trade Triangles for CHFEUR
The long-term trend has been UP since Jan 2nd, 2019 at 0.8915100
The intermediate-term trend has been DOWN since May 29th, 2020 at 0.9338376
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).
| 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 |