Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 20, 2020.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Bull Market Weakness (+75) - CHFNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFNZD as it may be in the beginning stages of a reversal.

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
1.668990 1.680695 1.668760 1.675000 +0.006010
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 1.6515500

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2020 at 1.6596421

short term up The short-term trend has been UP since Oct 15th, 2020 at 1.6577546

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
1.668990 1.680695 1.668760 1.675000 +0.006010
Prev. Close Volume Bid Ask Time
1.668990 2020-10-20 16:35:12
Get a free daily analysis and signals for Swiss Franc/New Zealand Dollar (CHFNZD) - Request Your Free Report.