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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
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 1st, 2024 at 1.0322581
The intermediate-term trend has been UP since Apr 17th, 2024 at 1.0333247
The short-term trend has been DOWN since Apr 22nd, 2024 at 1.0280134
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 |
|---|---|---|---|---|
| 1.0289654 | 1.0298237 | 1.0266519 | 1.0283041 | -0.0006610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0289654 | 2024-04-23 07:54:42 |