CHFUSD Switzerland Franc - United States Dollar Forecast, Technical & Fundamental Analysis

Momentum Indicator for CHFUSD turns negative, indicating new downward trend

CHFUSD saw its Momentum Indicator move below the 0 level on December 12, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 123 similar instances where the indicator turned negative. In of the 123 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for CHFUSD turned negative on December 11, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 105 similar instances when the indicator turned negative. In of the 105 cases the stock turned lower in the days that followed. This puts the odds of success at .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHFUSD advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .

CHFUSD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 236 cases where CHFUSD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .