AUD/CHF Moves Down For the 5th Day In A Row; in a Downtrend Over Past 90 Days

AUD/CHF Price Recap

AUD/CHF is down 30 pips (0.53%) since yesterday (with its current price near 0.57628), marking the 5th day in a row a decrease has occurred. This move happened on fewer tick price changes which may be a proxy for volume, as yesterday’s total tick count was down 14.64% from the day before — and down 0.25% from the same day the week before. Relative to other instruments in the Forex asset class, AUD/CHF ranked 33rd yesterday in terms of percentage price change. Here is a price chart of AUD/CHF.

AUD/CHF Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 11 out of the past 14 days.

The View From Around the Web

Not much in terms quality buy/sell signals we’re seeing for AUDCHF; just 3 sell signals and 3 buy signals. This imputes a buy/sell ratio of 1, which is neutral. Here’s a piece we found on that we thought you might enjoy.