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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Crossroads (+60) - CHFNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.9666450 1.9726850 1.9654916 1.9712950 +0.0046500
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term up The long-term trend has been UP since Jul 24th, 2024 at 1.892945

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 1.910305

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 1.961410

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9666450 1.9726850 1.9654916 1.9712950 +0.0046500
Prev. Close Volume Bid Ask Time
1.9666450 2024-12-26 06:13:29
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