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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Swiss Franc/British Pound (FOREX:CHFGBP)

Sidelines Mode (+55) - CHFGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_CHFGBP
Open High Low CHFGBP Price Change
0.836085 0.837260 0.829880 0.830295 -0.005790
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.796660

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2020 at 0.797905

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 0.858220

Smart Scan Analysis for CHFGBP

Based on our trend formula, CHFGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.836085 0.837260 0.829880 0.830295 -0.005790
Prev. Close Volume Bid Ask Time
0.836085 0.830210 0.830380 2020-04-06 14:30:09
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