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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Weak Downtrend (-65) - CHFNZD is showing signs of a strengthening downtrend. Monitor CHFNZD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CHFNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFNZD
Open High Low CHFNZD Price Change
1.8448000 1.8566650 1.8424266 1.8555650 +0.0107650
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long-term trend has been DOWN since Feb 22nd, 2024 at 1.8318894

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2024 at 1.8771250

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 1.8500737

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8448000 1.8566650 1.8424266 1.8555650 +0.0107650
Prev. Close Volume Bid Ask Time
1.8448000 2024-03-28 13:43:23
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