Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Swiss Franc/Japanese Yen (FOREX:CHFJPY)
Weak Uptrend (+65) - CHFJPY is showing signs of weakening momentum to the upside. Monitor CHFJPY as it may be in the beginning stages of a reversal.
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 DOWN since Mar 15th, 2023 at 143.72142
The short-term trend has been UP since Mar 27th, 2023 at 143.69158
Smart Scan Analysis for CHFJPY
Based on our trend formula, CHFJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).