Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)
Countertrend Up (+85) - NZDCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jun 1st, 2020 at 0.6056
The intermediate-term trend has been UP since Dec 31st, 2020 at 0.6381
The short-term trend has been DOWN since Feb 28th, 2021 at 0.6567
Smart Scan Analysis for NZDCHF
Based on our trend formula, NZDCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).