Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swiss Franc/Euro (FOREX:CHFEUR)
Long-Term Downtrend (-90) - CHFEUR is in a strong downtrend that is likely to continue. While CHFEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Dec 23rd, 2020 at 0.9193205
The intermediate-term trend has been DOWN since Jan 31st, 2021 at 0.9224241
The short-term trend has been DOWN since Feb 14th, 2021 at 0.9244905
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).