Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Swiss Franc/British Pound (FOREX:CHFGBP)
Crossroads (-60) - CHFGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 13th, 2025 at 0.900225
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.883290
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.883290
Smart Scan Analysis for CHFGBP
Based on our trend formula, CHFGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.883530 | 0.886955 | 0.882950 | 0.885725 | +0.002195 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.883530 | 2025-02-04 23:02:22 |