Forex Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
Euro/Swiss Franc (FOREX:EURCHF)
Crossroads (-60) - EURCHF 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 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 Jun 2nd, 2020 at 1.072650
The intermediate-term trend has been DOWN since Jun 25th, 2020 at 1.063825
The short-term trend has been DOWN since Jul 1st, 2020 at 1.062950
Smart Scan Analysis for EURCHF
Based on our trend formula, EURCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).