Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/British Pound (FOREX:CHFGBP)
Long-Term Downtrend (-90) - CHFGBP is in a strong downtrend that is likely to continue. While CHFGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFGBP
The long-term trend has been DOWN since Dec 17th, 2024 at 0.879455
The intermediate-term trend has been DOWN since Dec 10th, 2024 at 0.887765
The short-term trend has been DOWN since Dec 24th, 2024 at 0.886880
Smart Scan Analysis for CHFGBP
Based on our trend formula, CHFGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.886090 | 0.887265 | 0.885830 | 0.886940 | +0.000850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.886090 | 2024-12-26 06:13:14 |