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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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 Oct 4th, 2024 at 1.1693320
The short-term trend has been UP since Nov 18th, 2024 at 1.1303600
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 |
|---|---|---|---|---|
| 1.1318939 | 1.1323305 | 1.1298829 | 1.1310439 | -0.0008500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1318939 | 2024-11-20 03:37:30 |