BearPaws

CHF

Swiss Franc
Neutral
Score
+0.14
1D %
-0.09%
1W %
-0.31%
1M %
+0.18%

Score blends a macro-fundamental component (rates, inflation, growth, employment) with price momentum over a weeks-to-months horizon. Positive = strengthening / inflationary pressure, negative = weakening.

Score History · CHF

90 pts · intrinsic
+0.14Δ window+0.20

Macro Indicators

CHF
Consumer Confidence (OECD, Switzerland, percentage balance)
-41.0Δ-8.7Apr 2026
Business Confidence – Manufacturing (OECD, Switzerland, PMI proxy)
-10.4Δ+0.1May 2026
Retail Trade Volume Index (OECD, Switzerland, monthly)
110.4Δ+0.1Apr 2026
Unemployment Rate (OECD, Switzerland, % labour force)
5.1Δ+0.0Jan 2026

PMI / Services PMI gaps documented in backend §8.2: ISM is proprietary, FRED's `NAPMPI` series discontinued.

COT Positioning

non-commercial · weekly
Long
7335
Short
44000
Net
-36665
ReportNetΔ longΔ short
2026-06-09-36665+1090+4846
2026-06-02-32909-873-3104
2026-05-26-35140+834-963
2026-05-19-36937+682+1422
2026-05-12-36197-1543+133
2026-05-05-34521+786+86
2026-04-28-35221-2013-65
2026-04-21-33273-1265-2089

Net = long − short. Heavy positive net = crowded long (contrarian risk when paired with negative fundamental score).

View CHF outlookFundamental strength, COT lean & news read

CHF · frequently asked questions

What does the Swiss Franc (CHF) intrinsic score mean?
The Swiss Franc intrinsic score is a single fundamental-strength reading for CHF, blending macro indicators with price momentum. A positive score points to inflationary or strengthening pressure, a negative score to deflationary or weakening pressure, and a near-zero score to a balanced stance.
Is CHF bullish or bearish right now?
Swiss Franc (CHF) currently reads neutral: its fundamental strength and momentum are roughly balanced. Its latest reading is 0.14. This is market context (a weeks-to-months bias, not an entry signal), so wait for price action to confirm before acting.
What macro indicators feed the CHF score?
The CHF score draws on macro inputs including PMI, Services PMI, the Consumer Confidence Index, Retail Sales, Building Permits, and the employment report. These readings are synthesised into a directional consensus and combined with price momentum to produce the intrinsic score.
How is CHF COT positioning used?
Commitment of Traders (COT) data shows how non-commercial (speculative and institutional) traders are positioned in CHF. BearPaws uses it for trend confirmation or contrarian reads alongside the intrinsic and cross-pair scores, not as a standalone signal.