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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/Swiss Franc (FOREX:EURCHF)

Long-Term Downtrend (-90) - EURCHF is in a strong downtrend that is likely to continue. While EURCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_EURCHF
Open High Low EURCHF Price Change
1.06755 1.06935 1.06575 1.06740 -0.00015
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 1.092560

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 1.081400

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 1.070395

Smart Scan Analysis for EURCHF

Based on our trend formula, EURCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.06755 1.06935 1.06575 1.06740 -0.00015
Prev. Close Volume Bid Ask Time
1.06755 2021-10-25 13:19:46
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