CHFGBP Switzerland Franc - United Kingdom Pound Forecast, Technical & Fundamental Analysis

CHFGBP in downward trend: price may drop because broke its higher Bollinger Band on January 09, 2025

CHFGBP broke above its upper Bollinger Band on January 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 52 similar instances where the stock broke above the upper band. In of the 52 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on CHFGBP as a result. In of 131 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CHFGBP just turned positive on January 08, 2025. Looking at past instances where CHFGBP's MACD turned positive, the stock continued to rise in of 103 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 213 cases where CHFGBP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .