The 200-day pound to Swiss franc SMA was slightly higher than its actual exchange rate by the end of December 2024, revealing a weakened pound. The Simple Moving Average or SMA is a common metric used within stock and FX market analysis, and especially focuses on long-term trends. The 200-day SMA, especially, is considered very important, as it displays the average price of a stock or currency over the past 200 days (or 40 weeks of trading). If the price of the asset remains above this average, it is generally considered to be in an upwards trend.
British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024
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Statista. (December 20, 2024). British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024 [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/
Statista. "British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024." Chart. December 20, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/
Statista. (2024). British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024. Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/
Statista. "British Pound Sterling (Gbp) to Swiss Francs (Chf) Simple Moving Average (Sma) Rates from December 21, 2023, to December 19, 2024." Statista, Statista Inc., 20 Dec 2024, https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/
Statista, British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024 Statista, https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/ (last visited December 24, 2024)
British pound sterling (GBP) to Swiss francs (CHF) simple moving average (SMA) rates from December 21, 2023, to December 19, 2024 [Graph], Statista, December 20, 2024. [Online]. Available: https://www.statista.com/statistics/1336423/gbp-chf-sma-rates/
