(Last Updated June 23, 2022 1:38 GMT)
Currently, CHFJPY’s rate is down -1660 pips (-0.12%) from the hour prior. CHFJPY has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
CHFJPY End of Day Recap
Updated 00:30 GMT (04:30 EST)
CHFJPY is up 61 pips (0.44%) since yesterday (opening today near 140.74), marking the 5th consecutive day an increase has occurred. Compared to its peers in the Forex, CHFJPY gave its buyers a return that ranked 9th in terms of percentage change since yesterday. Below is a price chart of CHFJPY.
CHFJPY Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 10 days CHFJPY’s price has gone up 7 them.