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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Weak Uptrend (+65) - CHFNZD is showing signs of weakening momentum to the upside. Monitor CHFNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFNZD
Open High Low CHFNZD Price Change
1.9158100 1.9194400 1.9149135 1.9191100 +0.0033000
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term up The long-term trend has been UP since Jul 24th, 2024 at 1.8929450

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.9183550

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 1.9167789

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9158100 1.9194400 1.9149135 1.9191100 +0.0033000
Prev. Close Volume Bid Ask Time
1.9158100 2024-11-20 03:25:32
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