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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Swiss Franc (FOREX:GBPCHF)
Weak Downtrend (-65) - GBPCHF is showing signs of a strengthening downtrend. Monitor GBPCHF as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPCHF
The long-term trend has been DOWN since Aug 1st, 2024 at 1.12180
The intermediate-term trend has been UP since Nov 6th, 2024 at 1.13200
The short-term trend has been DOWN since Nov 19th, 2024 at 1.11691
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.120770 | 1.124000 | 1.120595 | 1.122525 | +0.001755 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.120770 | 2024-11-20 03:28:58 |