Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Strong Uptrend (+100) - CHFUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 5th, 2020 at 1.1074016
The short-term trend has been UP since Nov 25th, 2020 at 1.1018659
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).