Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
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.
MarketClub’s Trade Triangles for CHFRSD
The long-term trend has been UP since Mar 10th, 2023 at 119.53131
The intermediate-term trend has been UP since Mar 9th, 2023 at 119.16950
The short-term trend has been UP since Mar 24th, 2023 at 118.23651
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).