Forex Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Swiss Franc/British Pound (FOREX:CHFGBP)
Weak Downtrend (-65) - CHFGBP is showing signs of a strengthening downtrend. Monitor CHFGBP as it may be building momentum to the downside.
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 UP since Jul 8th, 2021 at 0.79470
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 0.88010
The short-term trend has been DOWN since Mar 28th, 2023 at 0.88714
Smart Scan Analysis for CHFGBP
Based on our trend formula, CHFGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).