Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Swiss Franc/ (FOREX:CHFRSD)
Long-Term Downtrend (-90) - CHFRSD is in a strong downtrend that is likely to continue. While CHFRSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CHFRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFRSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFRSD
The long-term trend has been DOWN since Mar 1st, 2024 at 122.46852
The intermediate-term trend has been DOWN since Jan 18th, 2024 at 124.21053
The short-term trend has been DOWN since Feb 29th, 2024 at 122.61830
Smart Scan Analysis for CHFRSD
Based on our trend formula, CHFRSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
120.51299 | 120.53593 | 120.51299 | 120.53593 | +0.02294 |
Prev. Close | Volume | Bid | Ask | Time |
120.51299 | 2024-03-29 03:30:06 |