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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Countertrend Down (-85) - CHFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for CHFUSD
The long-term trend has been DOWN since Nov 11th, 2024 at 1.1392552
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 1.1174463
The short-term trend has been UP since Dec 25th, 2024 at 1.1228528
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1111194 | 1.1119602 | 1.1097349 | 1.1102406 | -0.0008790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1111194 | 2024-12-26 08:58:34 |