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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Swiss Franc/British Pound (FOREX:CHFGBP)

Weak Downtrend (-65) - CHFGBP is showing signs of a strengthening downtrend. Monitor CHFGBP as it may be building momentum to the downside.

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
0.876135 0.878260 0.875120 0.876275 +0.000140
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 0.896305

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2024 at 0.883220

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 0.882870

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
0.876135 0.878260 0.875120 0.876275 +0.000140
Prev. Close Volume Bid Ask Time
0.876135 2024-04-26 05:55:35
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