Swiss Franc to R23.70 in 2024? InsaneAs we know. The rich get richer.
The poor get poorer.
Well a rich and sustainable economy like Switzerland (one of the most expensive countries to live) is showing major strength for the Swiss Franc.
We are seeing a Cup and Handle form. The price broke above the brim level, came back down and
CHF/ZAR - More pain for the rand t R22.00 - SHOCK WARNING Cup and Handle and a Falling Flag has formed on the daily with the Swiss Franc versus the South African Rand.
There was a one month consolidation and retracement. And now it looks like the buying and demand is kicking in again for the CHF.
We are looking at all yearly highs soon.
7>21>200
RSI
Perfect automated detection of Cypher & Shark PRZ - ShortA bearish-type big Cypher pattern occurred near the resistance zone of 18.988-19.077.
If the price rises to 18.9162, a bearish-type big Shark pattern could occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 18.365-18.543.
*Harmonic patterns and su
Perfect automated detection of Gartley & Butterfly PRZ - ShortA Bearish-type big Gartley pattern occurred.
If the price rises to 20.42, a Bearish-type big Butterfly pattern is likely to occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of BlackSwan pattern - ShortA Bearish-type big BlackSwan pattern occurred.
Also on the weekly chart, Bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of BlackSwan & DeepCrab PRZ - ShortA Bearish-type BlackSwan pattern occurred.
If the price rises to 18.142, a Bearish-type DeepCrab pattern is likely to occur.
Also on the weekly chart, Bearish-type BlackSwan is occurring.
Short after seeing the rebound.
*Harmonic patterns is automatically detected using the indicators below.
- Ha
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of CHFZAR is 23.0796 ZAR — it has increased by 0.62% in the past 24 hours. See more of CHFZAR rate dynamics on the detailed chart.
The value of the CHFZAR pair is quoted as 1 CHF per x ZAR. For example, if the pair is trading at 1.50, it means it takes 1.5 ZAR to buy 1 CHF.
The term volatility describes the risk related to the changes in an asset's value. CHFZAR has the volatility rating of 0.91%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CHFZAR showed a −2.05% fall over the past week, the month change is a 11.73% rise, and over the last year it has increased by 9.95%. Track live rate changes on the CHFZAR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CHFZAR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CHFZAR technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CHFZAR shows the buy signal, and 1 month rating is strong buy. See more of CHFZAR technicals for a more comprehensive analysis.