Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Swiss Franc/Khazanah Sukuk (FOREX:CHFLFX)
Long-Term Downtrend (-90) - CHFLFX is in a strong downtrend that is likely to continue. While CHFLFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFLFX
The long-term trend has been DOWN since Nov 10th, 2020 at 2.1402
The intermediate-term trend has been DOWN since Jan 8th, 2021 at 2.1481
The short-term trend has been DOWN since Feb 14th, 2021 at 2.1367
Smart Scan Analysis for CHFLFX
Based on our trend formula, CHFLFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).