Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Sidelines Mode (+55) - AUDCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDCHF
The long-term trend has been DOWN since Apr 6th, 2023 at 0.60277624
The intermediate-term trend has been UP since Nov 1st, 2023 at 0.58266667
The short-term trend has been DOWN since Nov 29th, 2023 at 0.57930000
Smart Scan Analysis for AUDCHF
Based on our trend formula, AUDCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).