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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for EURCHF
The long-term trend has been DOWN since Jun 14th, 2024 at 0.95555
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 0.96237
The short-term trend has been DOWN since Jul 24th, 2024 at 0.96569
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.95646 | 0.96035 | 0.95625 | 0.96025 | +0.00379 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.95646 | 2024-07-26 20:25:01 |