Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Euro/Swiss Franc (FOREX:EURCHF)
Countertrend Up (+85) - EURCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCHF
The long-term trend has been UP since Dec 28th, 2020 at 1.087760
The intermediate-term trend has been UP since Jan 31st, 2021 at 1.084100
The short-term trend has been DOWN since Feb 28th, 2021 at 1.095645
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).