EURCHF in downward trend: price may decline as a result of having broken its higher Bollinger Band on February 11, 2025
EURCHF broke above its upper Bollinger Band on February 11, 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 55 similar instances where the stock broke above the upper band. In of the 55 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EURCHF moved out of overbought territory on January 27, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on February 18, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EURCHF as a result. In of 144 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for EURCHF turned negative on February 18, 2025. 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 121 similar instances when the indicator turned negative. In of the 121 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for EURCHF entered a downward trend on February 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
EURCHF and Forex
Correlation & Price change
A.I.dvisor tells us that EURCHF and CHFEUR have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that EURCHF and CHFEUR's prices could move in opposite directions.
| Ticker / NAME | Correlation To EURCHF | 1D Price Change % | ||
|---|---|---|---|---|
| EURCHF | 100% | N/A | ||
| CHFEUR - EURCHF | -100% Negatively correlated | N/A |