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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
US Dollar/Swiss Franc (FOREX:USDCHF)
Strong Uptrend (+100) - USDCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCHF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCHF.
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 USDCHF
The long-term trend has been UP since Nov 11th, 2024 at 0.8777000
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.8752450
The short-term trend has been UP since Dec 11th, 2024 at 0.8847151
Smart Scan Analysis for USDCHF
Based on our trend formula, USDCHF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8839978 | 0.8925000 | 0.8816000 | 0.8923900 | +0.0083920 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8839978 | 2024-12-12 16:11:15 |