Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/South African Rand (FOREX:CHFZAR)
Crossroads (+60) - CHFZAR 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 CHFZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CHFZAR
The long-term trend has been DOWN since Nov 5th, 2024 at 20.128050
The intermediate-term trend has been UP since Dec 23rd, 2024 at 20.632555
The short-term trend has been UP since Dec 18th, 2024 at 20.319600
Smart Scan Analysis for CHFZAR
Based on our trend formula, CHFZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.839200 | 20.848193 | 20.640250 | 20.683350 | -0.155850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.839200 | 2024-12-26 06:39:36 |