Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Sunday, November 17, 2024.
British Pound/Swiss Franc (FOREX:GBPCHF)
Bear Market Rally (-75) - GBPCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPCHF
The long-term trend has been DOWN since Aug 1st, 2024 at 1.1218
The intermediate-term trend has been UP since Nov 6th, 2024 at 1.1320
The short-term trend has been DOWN since Nov 12th, 2024 at 1.1279
Smart Scan Analysis for GBPCHF
Based on our trend formula, GBPCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1204 | 1.1204 | 1.1204 | 1.1204 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1204 | 2024-11-17 04:51:17 |