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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

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
1.911785 1.912645 1.906625 1.906735 -0.005050
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 up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.918355

short term down The short-term trend has been DOWN since Oct 14th, 2024 at 1.906755

Smart Scan Analysis for CHFNZD

Based on our trend formula, CHFNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.911785 1.912645 1.906625 1.906735 -0.005050
Prev. Close Volume Bid Ask Time
1.911785 2024-10-14 08:25:20
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