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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/ (FOREX:CHFRSD)
Long-Term Uptrend (+90) - CHFRSD is in a strong uptrend that is likely to continue. While CHFRSD 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 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.
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MarketClub’s Trade Triangles for CHFRSD
The long-term trend has been UP since Jun 14th, 2024 at 122.59637
The intermediate-term trend has been UP since Jul 24th, 2024 at 121.36324
The short-term trend has been UP since Jul 24th, 2024 at 121.13819
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 122.39421 | 122.39421 | 121.99842 | 122.04297 | -0.35124 |
| Prev. Close | Volume | Bid | Ask | Time |
| 122.39421 | 2024-07-26 14:00:13 |