Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Euro/Swiss Franc (FOREX:EURCHF)
Long-Term Downtrend (-90) - EURCHF is in a strong downtrend that is likely to continue. While EURCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCHF
The long-term trend has been DOWN since Jun 8th, 2021 at 1.092560
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 1.081400
The short-term trend has been DOWN since Oct 20th, 2021 at 1.070395
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).