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Forex Trend Analysis Report
Prepared for you on Sunday, November 17, 2024.
Swiss Franc/Euro (FOREX:CHFEUR)
Sidelines Mode (-50) - CHFEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CHFEUR can gain 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 Jun 14th, 2024 at 1.0465177
The intermediate-term trend has been DOWN since Nov 1st, 2024 at 1.0602120
The short-term trend has been DOWN since Nov 15th, 2024 at 1.0650195
Smart Scan Analysis for CHFEUR
Based on our trend formula, CHFEUR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0677487 | 1.0677487 | 1.0677487 | 1.0677487 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0677487 | 2024-11-17 04:51:17 |