Forex Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)
Long-Term Uptrend (+90) - CHFNZD is in a strong uptrend that is likely to continue. While CHFNZD 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 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.
MarketClub’s Trade Triangles for CHFNZD
The long-term trend has been UP since Jun 11th, 2021 at 1.5582422
The intermediate-term trend has been UP since Mar 22nd, 2021 at 1.5229600
The short-term trend has been UP since Jun 8th, 2021 at 1.5499293
Smart Scan Analysis for CHFNZD
Based on our trend formula, CHFNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).