Free Daily Analysis

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.

FOREX_CHFEUR
Open High Low CHFEUR Price Change
1.0549080 1.0600005 1.0549080 1.0549080 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term up The long-term trend has been UP since May 19th, 2023 at 1.0302746

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 1.0420466

short term down 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).

+75
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0549080 1.0600005 1.0549080 1.0549080 0.0000000
Prev. Close Volume Bid Ask Time
1.0549080 2023-12-09 23:00:01
Get a free daily analysis and signals for Swiss Franc/Euro (CHFEUR) - Request Your Free Report.