Free Daily Analysis

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.

FOREX_CHFRSD
Open High Low CHFRSD Price Change
109.57671 109.57671 109.49096 109.49096 -0.08575
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long-term trend has been UP since Jun 8th, 2021 at 107.54079

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 108.69224

short term up 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).

+80
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.57671 109.57671 109.49096 109.49096 -0.08575
Prev. Close Volume Bid Ask Time
109.99930 2021-10-12 21:08:35
Get a free daily analysis and signals for Swiss Franc/ (CHFRSD) - Request Your Free Report.