Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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 8th, 2021 at 2.1180
The intermediate-term trend has been DOWN since Sep 5th, 2021 at 2.1192
The short-term trend has been UP since Oct 13th, 2021 at 2.1223
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).