Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
British Pound/Swiss Franc (FOREX:GBPCHF)
Strong Downtrend (-100) - GBPCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 3rd, 2020 at 1.255230
The intermediate-term trend has been DOWN since May 13th, 2020 at 1.187100
The short-term trend has been DOWN since May 29th, 2020 at 1.183685
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).