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Forex Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Long-Term Uptrend (+90) - CHFUSD is in a strong uptrend that is likely to continue. While CHFUSD 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 CHFUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFUSD
Open High Low CHFUSD Price Change
1.0600409 1.0656828 1.0596704 1.0616861 +0.0016450
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term up The long-term trend has been UP since Dec 19th, 2019 at 1.0223500

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 1.0422719

short term up The short-term trend has been UP since Jul 2nd, 2020 at 1.0592174

Smart Scan Analysis for CHFUSD

Based on our trend formula, CHFUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0600409 1.0656828 1.0596704 1.0616861 +0.0016450
Prev. Close Volume Bid Ask Time
1.0600409 1.0616412 1.0617309 2020-07-06 15:43:24
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