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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swiss Franc/Khazanah Sukuk (FOREX:CHFLFX)

Crossroads (-60) - CHFLFX 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 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.

FOREX_CHFLFX
Open High Low CHFLFX Price Change
2.1260 2.1278 2.1239 2.1260 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFLFX

long term up The long-term trend has been UP since Jan 7th, 2020 at 2.0798

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 2.1588

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 2.1292

Smart Scan Analysis for CHFLFX

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

-60
Smart Scan Analysis for CHFLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1260 2.1278 2.1239 2.1260 0.0000
Prev. Close Volume Bid Ask Time
2.1260 2.1255 2.1265 2020-06-02 05:11:08
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