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Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Swiss Franc/Euro (FOREX:CHFEUR)
Strong Uptrend (+100) - CHFEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 19th, 2023 at 1.0302746
The intermediate-term trend has been UP since Nov 29th, 2023 at 1.0420466
The short-term trend has been UP since Nov 22nd, 2023 at 1.0374455
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.056550 | 1.057600 | 1.055900 | 1.057401 | +0.000851 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.056550 | 2023-12-04 02:35:16 |