Forex Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
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 Jun 8th, 2021 at 107.54079
The intermediate-term trend has been UP since Oct 1st, 2021 at 108.69224
The short-term trend has been UP since Sep 21st, 2021 at 108.07879
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).