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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Swiss Franc/Euro (FOREX:CHFEUR)
Sidelines Mode (-55) - CHFEUR 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 CHFEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFEUR
The long-term trend has been DOWN since Jan 24th, 2025 at 1.0560220
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 1.0585932
The short-term trend has been UP since Jan 29th, 2025 at 1.0607491
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0635526 | 1.0664961 | 1.0628590 | 1.0645093 | +0.0009570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0635526 | 2025-02-04 23:39:12 |