Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Swiss Franc/ (FOREX:CHFRSD)
Strong Uptrend (+100) - CHFRSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFRSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Nov 29th, 2023 at 121.67073
The short-term trend has been UP since Nov 24th, 2023 at 121.47914
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).