Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Swiss Franc/Khazanah Sukuk (FOREX:CHFLFX)
Bull Market Weakness (+75) - CHFLFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFLFX as it may be in the beginning stages of a reversal.
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 UP since Jun 17th, 2022 at 2.1791
The intermediate-term trend has been UP since Jun 16th, 2022 at 2.1643
The short-term trend has been DOWN since Jul 3rd, 2022 at 2.2100
Smart Scan Analysis for CHFLFX
Based on our trend formula, CHFLFX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).