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Forex Trend Analysis Report
Prepared for you on Sunday, November 17, 2024.
Swiss Franc/British Pound (FOREX:CHFGBP)
Bull Market Weakness (+75) - CHFGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CHFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFGBP.
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 CHFGBP
The long-term trend has been UP since Aug 1st, 2024 at 0.891305
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.883365
The short-term trend has been UP since Nov 12th, 2024 at 0.886630
Smart Scan Analysis for CHFGBP
Based on our trend formula, CHFGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.892125 | 0.892125 | 0.892125 | 0.892125 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.892125 | 2024-11-17 02:41:07 |