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.
MarketClub’s Trade Triangles for CHFJPY
The long-term trend has been DOWN since Apr 28th, 2020 at 109.5915
The intermediate-term trend has been UP since May 20th, 2020 at 111.4936
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).