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Forex Trend Analysis Report

Prepared for you on Friday, January 24, 2025.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

Weak Downtrend (-65) - CHFAED is showing signs of a strengthening downtrend. Monitor CHFAED as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CHFAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFAED
Open High Low CHFAED Price Change
4.0580765 4.0664958 4.0521839 4.0525140 -0.0055620
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 4.1857550

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 4.1104337

short term up The short-term trend has been UP since Jan 20th, 2025 at 4.0327185

Smart Scan Analysis for CHFAED

Based on our trend formula, CHFAED is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0580765 4.0664958 4.0521839 4.0525140 -0.0055620
Prev. Close Volume Bid Ask Time
4.0580765 2025-01-24 09:05:51
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