Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

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.

FOREX_CHFEUR
Open High Low CHFEUR Price Change
0.9107850 0.9126711 0.9102909 0.9113444 +0.0005590
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term down The long-term trend has been DOWN since Dec 23rd, 2020 at 0.9193205

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2021 at 0.9088018

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 0.9059390

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).

-55
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9107850 0.9126711 0.9102909 0.9113444 +0.0005590
Prev. Close Volume Bid Ask Time
0.9107850 2021-05-12 14:30:38
Get a free daily analysis and signals for Swiss Franc/Euro (CHFEUR) - Request Your Free Report.