Free Daily Analysis

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.

FOREX_CHFEUR
Open High Low CHFEUR Price Change
1.056550 1.057600 1.055900 1.057401 +0.000851
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term up The long-term trend has been UP since May 19th, 2023 at 1.0302746

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 1.0420466

short term up 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).

+100
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Swiss Franc/Euro (CHFEUR) - Request Your Free Report.