Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Euro/Swiss Franc (FOREX:EURCHF)

Sidelines Mode (+55) - EURCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURCHF
Open High Low EURCHF Price Change
1.09355 1.09874 1.09315 1.09874 +0.00519
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term up The long-term trend has been UP since Dec 28th, 2020 at 1.087760

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2021 at 1.100385

short term up The short-term trend has been UP since Apr 20th, 2021 at 1.103750

Smart Scan Analysis for EURCHF

Based on our trend formula, EURCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.09355 1.09874 1.09315 1.09874 +0.00519
Prev. Close Volume Bid Ask Time
1.09355 2021-05-11 13:17:36
Get a free daily analysis and signals for Euro/Swiss Franc (EURCHF) - Request Your Free Report.