Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
British Pound/Swiss Franc (FOREX:GBPCHF)
Bull Market Weakness (+75) - GBPCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPCHF
The long-term trend has been UP since Dec 31st, 2020 at 1.222245
The intermediate-term trend has been UP since Jan 31st, 2021 at 1.222475
The short-term trend has been DOWN since Feb 26th, 2021 at 1.259645
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).