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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Strong Downtrend (-100) - CHFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CHFUSD
The long-term trend has been DOWN since Nov 11th, 2024 at 1.1392552
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1.1693320
The short-term trend has been DOWN since Nov 22nd, 2024 at 1.1270371
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1285140 | 1.1302889 | 1.1223215 | 1.1225888 | -0.0059250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1285140 | 2024-11-22 08:16:34 |