Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
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.
MarketClub’s Trade Triangles for CHFNZD
The long-term trend has been UP since Dec 26th, 2022 at 1.8146974
The intermediate-term trend has been UP since Oct 17th, 2023 at 1.8858900
The short-term trend has been DOWN since Nov 20th, 2023 at 1.8740550
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).