Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Euro/Swiss Franc (FOREX:EURCHF)
Long-Term Uptrend (+90) - EURCHF is in a strong uptrend that is likely to continue. While EURCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 28th, 2020 at 1.08776
The intermediate-term trend has been UP since Jan 31st, 2021 at 1.08410
The short-term trend has been UP since Feb 18th, 2021 at 1.08275
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).