Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 14, 2024.
Swiss Franc/South African Rand (FOREX:CHFZAR)
Strong Downtrend (-100) - CHFZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFZAR continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 10th, 2024 at 20.161050
The short-term trend has been DOWN since Dec 9th, 2024 at 20.387659
Smart Scan Analysis for CHFZAR
Based on our trend formula, CHFZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.015882 | 20.015882 | 20.015573 | 20.015882 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.015882 | 2024-12-14 04:11:39 |