Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Swiss Franc/Russian Ruble (FOREX:CHFRUB)
Countertrend Up (+85) - CHFRUB 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 CHFRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFRUB
The long-term trend has been UP since Jul 3rd, 2022 at 112.466320
The intermediate-term trend has been UP since Jul 3rd, 2022 at 112.466320
The short-term trend has been DOWN since Aug 16th, 2022 at 64.131532
Smart Scan Analysis for CHFRUB
Based on our trend formula, CHFRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).