Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Countertrend Up (+85) - CHFUSD 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 CHFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFUSD
The long-term trend has been UP since Nov 15th, 2022 at 1.0672023
The intermediate-term trend has been UP since Mar 12th, 2023 at 1.0897467
The short-term trend has been DOWN since Mar 15th, 2023 at 1.0837060
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).