Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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 UP since Feb 13th, 2024 at 1.117530
The intermediate-term trend has been DOWN since Jul 25th, 2024 at 1.133620
The short-term trend has been DOWN since Jul 24th, 2024 at 1.146135
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.13309 | 1.13780 | 1.13290 | 1.13720 | +0.00411 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.13309 | 2024-07-26 19:30:50 |
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