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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Swiss Franc (FOREX:GBPCHF)

Bull Market Weakness (+75) - GBPCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCHF as it may be in the beginning stages 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.

FOREX_GBPCHF
Open High Low GBPCHF Price Change
1.130055 1.130400 1.124800 1.126615 -0.003440
Entry Signal

MarketClub’s Trade Triangles for GBPCHF

long term up The long-term trend has been UP since Feb 13th, 2024 at 1.11753

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2024 at 1.09172

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 1.12420

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).

+75
Smart Scan Analysis for GBPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.130055 1.130400 1.124800 1.126615 -0.003440
Prev. Close Volume Bid Ask Time
1.130055 2024-03-19 07:48:47
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