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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.

FOREX_GBPCHF
Open High Low GBPCHF Price Change
1.187335 1.187335 1.187335 1.187335 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPCHF

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1.255230

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2020 at 1.187100

short term down 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).

-100
Smart Scan Analysis for GBPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.187335 1.187335 1.187335 1.187335 0.000000
Prev. Close Volume Bid Ask Time
1.187335 1.186780 1.187890 2020-05-30 20:12:11
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