Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Euro/Swiss Franc (FOREX:EURCHF)
Strong Downtrend (-100) - EURCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURCHF continues to fall. 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 Feb 23rd, 2022 at 1.03003
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 1.01795
The short-term trend has been DOWN since Aug 8th, 2022 at 0.97595
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.971010 | 0.973190 | 0.969650 | 0.971475 | +0.000465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.971010 | 2022-08-11 20:33:31 |