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.
MarketClub’s Trade Triangles for CHFLFX
The long-term trend has been UP since Jan 7th, 2020 at 2.0798
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 2.1588
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).