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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
4.2437955 4.2437955 4.2437955 4.2437955 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long-term trend has been UP since Jul 17th, 2024 at 4.1573175

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 4.2966602

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 4.3336519

Smart Scan Analysis for CHFAED

Based on our trend formula, CHFAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2437955 4.2437955 4.2437955 4.2437955 0.0000000
Prev. Close Volume Bid Ask Time
4.2437955 2024-10-25 03:27:15
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