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Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Swiss Franc/British Pound (FOREX:CHFGBP)
Bull Market Weakness (+75) - CHFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for CHFGBP
The long-term trend has been UP since Aug 3rd, 2023 at 0.903970
The intermediate-term trend has been UP since Dec 6th, 2023 at 0.909925
The short-term trend has been DOWN since Dec 8th, 2023 at 0.905295
Smart Scan Analysis for CHFGBP
Based on our trend formula, CHFGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9055 | 0.9055 | 0.9055 | 0.9055 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9055 | 2023-12-09 03:19:51 |