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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 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
1.8768400 1.8768400 1.8639950 1.8652992 -0.0115410
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 up The intermediate-term trend has been UP since Apr 16th, 2024 at 1.8671175

short term up The short-term trend has been UP since Apr 12th, 2024 at 1.8380800

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
1.8768400 1.8768400 1.8639950 1.8652992 -0.0115410
Prev. Close Volume Bid Ask Time
1.8768400 2024-04-19 18:32:35
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