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.
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MarketClub’s Trade Triangles for GBPCHF
The long-term trend has been UP since Feb 13th, 2024 at 1.11753
The intermediate-term trend has been UP since Jan 17th, 2024 at 1.09172
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).
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 |