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Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
Swiss Franc/British Pound (FOREX:CHFGBP)
Long-Term Uptrend (+90) - CHFGBP is in a strong uptrend that is likely to continue. While CHFGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFGBP
The long-term trend has been UP since Aug 1st, 2024 at 0.891305
The intermediate-term trend has been UP since Nov 22nd, 2024 at 0.900115
The short-term trend has been UP since Dec 6th, 2024 at 0.893820
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 |
|---|---|---|---|---|
| 0.89313 | 0.89313 | 0.89313 | 0.89313 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.89313 | 2024-12-07 05:00:08 |