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Forex Trend Analysis Report
Prepared for you on Saturday, May 11, 2024.
US Dollar/Swiss Franc (FOREX:USDCHF)
Bull Market Weakness (+75) - USDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCHF as it may be in the beginning stages of a reversal.
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 Mar 1st, 2024 at 0.8886
The intermediate-term trend has been UP since Jan 15th, 2024 at 0.8583
The short-term trend has been UP since May 8th, 2024 at 0.9095
Smart Scan Analysis for USDCHF
Based on our trend formula, USDCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9064995 | 0.9064995 | 0.9064500 | 0.9064995 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9064995 | 2024-05-11 07:38:37 |