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Forex Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Euro/Swiss Franc (FOREX:EURCHF)
Weak Downtrend (-65) - EURCHF is showing signs of a strengthening downtrend. Monitor EURCHF as it may be building momentum to the downside.
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 0.955550
The intermediate-term trend has been UP since Sep 20th, 2024 at 0.949415
The short-term trend has been DOWN since Sep 27th, 2024 at 0.941190
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.939185 | 0.940150 | 0.937735 | 0.939465 | +0.000280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.939185 | 2024-10-04 05:18:01 |