Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Swiss Franc/US Dollar (FOREX:CHFUSD)
Crossroads (-60) - CHFUSD 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 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.
MarketClub’s Trade Triangles for CHFUSD
The long-term trend has been UP since Dec 19th, 2019 at 1.0223500
The intermediate-term trend has been DOWN since Jan 17th, 2021 at 1.1210388
The short-term trend has been DOWN since Feb 17th, 2021 at 1.1171157
Smart Scan Analysis for CHFUSD
Based on our trend formula, CHFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).