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Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)
Long-Term Uptrend (+90) - CHFNZD is in a strong uptrend that is likely to continue. While CHFNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFNZD
The long-term trend has been UP since Feb 2nd, 2020 at 1.6064983
The intermediate-term trend has been UP since Jan 7th, 2020 at 1.5556700
The short-term trend has been UP since Feb 17th, 2020 at 1.5876800
Smart Scan Analysis for CHFNZD
Based on our trend formula, CHFNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.613240 | 1.618115 | 1.606660 | 1.609145 | -0.004095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.613240 | 1.608820 | 1.609470 | 2020-02-24 21:40:14 |