Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Swiss Franc/Russian Ruble (FOREX:CHFRUB)

Sidelines Mode (+55) - CHFRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CHFRUB
Open High Low CHFRUB Price Change
105.02913 105.80688 104.93958 105.61401 +0.58488
Entry Signal

MarketClub’s Trade Triangles for CHFRUB

long term up The long-term trend has been UP since Apr 3rd, 2023 at 85.41361

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 105.27174

short term up The short-term trend has been UP since Sep 26th, 2023 at 106.55013

Smart Scan Analysis for CHFRUB

Based on our trend formula, CHFRUB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.02913 105.80688 104.93958 105.61401 +0.58488
Prev. Close Volume Bid Ask Time
105.02913 2023-09-28 04:42:02
Get a free daily analysis and signals for Swiss Franc/Russian Ruble (CHFRUB) - Request Your Free Report.