Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

Countertrend Up (+85) - CHFARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CHFARS
Open High Low CHFARS Price Change
1150.0545 1153.7793 1147.8473 1151.2254 +1.1709
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long-term trend has been UP since Dec 13th, 2021 at 110.41524

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 1148.18030

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 1150.66270

Smart Scan Analysis for CHFARS

Based on our trend formula, CHFARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1150.0545 1153.7793 1147.8473 1151.2254 +1.1709
Prev. Close Volume Bid Ask Time
1150.0545 2024-12-11 20:34:24
Get a free daily analysis and signals for Swiss Franc/Argentine Peso (CHFARS) - Request Your Free Report.