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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Countertrend Down (-85) - CHFNZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1.5256525 1.5256525 1.5256525 1.5256525 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long-term trend has been DOWN since Sep 3rd, 2021 at 1.527605

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2021 at 1.529855

short term up The short-term trend has been UP since Oct 22nd, 2021 at 1.524265

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5256525 1.5256525 1.5256525 1.5256525 0.0000000
Prev. Close Volume Bid Ask Time
1.5256525 2021-10-23 15:40:47
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