Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Strong Downtrend (-100) - CHFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 1st, 2021 at 1.0980348
The intermediate-term trend has been DOWN since Jan 17th, 2021 at 1.1210388
The short-term trend has been DOWN since Feb 17th, 2021 at 1.1171157
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).