Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)
Bull Market Weakness (+75) - NZDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDCHF
The long-term trend has been DOWN since Apr 11th, 2023 at 0.561115
The intermediate-term trend has been UP since Sep 13th, 2023 at 0.529300
The short-term trend has been UP since Sep 8th, 2023 at 0.526900
Smart Scan Analysis for NZDCHF
Based on our trend formula, NZDCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).