Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Crossroads (+60) - CHFJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
112.28869 112.28869 112.28869 112.28869 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term down The long-term trend has been DOWN since Apr 28th, 2020 at 109.5915

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 111.4936

short term up The short-term trend has been UP since May 18th, 2020 at 110.4130

Smart Scan Analysis for CHFJPY

Based on our trend formula, CHFJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.28869 112.28869 112.28869 112.28869 0.00000
Prev. Close Volume Bid Ask Time
112.28869 112.12938 112.44800 2020-05-30 21:52:20
Get a free daily analysis and signals for Swiss Franc/Japanese Yen (CHFJPY) - Request Your Free Report.