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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Swiss Franc/British Pound (FOREX:CHFGBP)

Weak Uptrend (+65) - CHFGBP is showing signs of weakening momentum to the upside. Monitor CHFGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFGBP
Open High Low CHFGBP Price Change
0.890885 0.891625 0.887610 0.890140 -0.000745
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term up The long-term trend has been UP since Aug 1st, 2024 at 0.891305

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2024 at 0.891595

short term up The short-term trend has been UP since Oct 22nd, 2024 at 0.890510

Smart Scan Analysis for CHFGBP

Based on our trend formula, CHFGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.890885 0.891625 0.887610 0.890140 -0.000745
Prev. Close Volume Bid Ask Time
0.890140 2024-10-25 21:39:49
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