Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Weak Downtrend (-65) - CHFUSD is showing signs of a strengthening downtrend. Monitor CHFUSD as it may be building momentum to the downside.
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 Dec 19th, 2019 at 1.0223500
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 1.0188490
The short-term trend has been DOWN since Mar 31st, 2020 at 1.0356219
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).