Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Swiss Franc (FOREX:USDCHF)
Strong Downtrend (-100) - USDCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDCHF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDCHF
The long-term trend has been DOWN since Jul 17th, 2024 at 0.88282
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.88815
The short-term trend has been DOWN since Jul 24th, 2024 at 0.88718
Smart Scan Analysis for USDCHF
Based on our trend formula, USDCHF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8810000 | 0.8843000 | 0.8806000 | 0.8836649 | +0.0026650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8810000 | 2024-07-26 20:04:18 |