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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Swiss Franc/ (FOREX:CHFRSD)

Countertrend Up (+85) - CHFRSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CHFRSD
Open High Low CHFRSD Price Change
122.49359 122.49359 122.05286 122.09939 -0.39420
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long-term trend has been UP since Jun 14th, 2024 at 122.59637

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2024 at 120.00277

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 122.38472

Smart Scan Analysis for CHFRSD

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

+85
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.49359 122.49359 122.05286 122.09939 -0.39420
Prev. Close Volume Bid Ask Time
122.49359 2024-06-24 16:00:15
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