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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)
Bear Market Rally (-75) - CHFNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFNZD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CHFNZD
The long-term trend has been DOWN since Feb 22nd, 2024 at 1.8318894
The intermediate-term trend has been UP since Apr 16th, 2024 at 1.8671175
The short-term trend has been DOWN since Apr 22nd, 2024 at 1.8514974
Smart Scan Analysis for CHFNZD
Based on our trend formula, CHFNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8456800 | 1.8492413 | 1.8406600 | 1.8416900 | -0.0039900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8456800 | 2024-04-24 15:43:32 |