Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
US Dollar/Swiss Franc (FOREX:USDCHF)
Long-Term Uptrend (+90) - USDCHF is in a strong uptrend that is likely to continue. While USDCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDCHF
The long-term trend has been UP since Mar 1st, 2021 at 0.910175
The intermediate-term trend has been UP since Feb 1st, 2021 at 0.896300
The short-term trend has been UP since Feb 17th, 2021 at 0.894050
Smart Scan Analysis for USDCHF
Based on our trend formula, USDCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).