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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.

FOREX_CHFGBP
Open High Low CHFGBP Price Change
0.886090 0.887265 0.885830 0.886940 +0.000850
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 0.879455

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 0.887765

short term down 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).

-90
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways 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
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