Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Strong Downtrend (-100) - CHFAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFAUD
The long-term trend has been DOWN since Nov 24th, 2020 at 1.4895645
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 1.5170480
The short-term trend has been DOWN since Nov 23rd, 2020 at 1.4992512
Smart Scan Analysis for CHFAUD
Based on our trend formula, CHFAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).