Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
Euro/Swiss Franc (FOREX:EURCHF)
Weak Downtrend (-65) - EURCHF is showing signs of a strengthening downtrend. Monitor EURCHF as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for EURCHF
The long-term trend has been UP since Jan 1st, 2024 at 0.968650
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.967750
The short-term trend has been DOWN since May 2nd, 2024 at 0.975045
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.976325 | 0.976650 | 0.973015 | 0.974505 | -0.001820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.976325 | 2024-05-03 15:19:21 |
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