Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
EURO/SWISS FRANC Dec 2021 (CME:RF.Z21)
Long-Term Downtrend (-90) - RF.Z21 is in a strong downtrend that is likely to continue. While RF.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RF.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RF.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RF.Z21
The long-term trend has been DOWN since Oct 7th, 2021 at 1.0700
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 1.0820
The short-term trend has been DOWN since Oct 20th, 2021 at 1.0705
Smart Scan Analysis for RF.Z21
Based on our trend formula, RF.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).