Forex Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Swiss Franc/Japanese Yen (FOREX:CHFJPY)
Strong Uptrend (+100) - CHFJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CHFJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFJPY
The long-term trend has been UP since Mar 10th, 2023 at 148.66100
The intermediate-term trend has been UP since Oct 11th, 2023 at 165.22165
The short-term trend has been UP since Nov 30th, 2023 at 169.44743
Smart Scan Analysis for CHFJPY
Based on our trend formula, CHFJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).