{ "ticker": { "uuid": "9d1c9ad2-ad0a-4e77-a3a7-ae09eaa0f87d", "symbol": "FXF", "name": "INVESCO CCY SHS SWISS FRANC TR SWISS FRANC SHS ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 73.413, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.318, "architecture_energy": 50.131, "architecture_maturity": 21.793, "architecture_confidence": 93.418, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 21.44, "rotation_up": 19.47, "upward_expansion": 7.73, "deceleration": 53.99, "rotation_down": 55.92, "downward_expansion": 78.73 }, "activity_lines": [ 108.813033, 109.042745, 110.129771, 110.798028 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 109.1191, "trend_reference": 111.63347, "distance_from_trend": -0.022523, "trend_direction": "Weakening", "fair_value": 105.079506, "distance_from_fair_value": 0.038443, "fair_value_direction": "Weakening", "relative_strength": -12.752102, "relative_strength_direction": "Weakening", "price_momentum": -0.043235, "excess_performance": -0.168859, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022523, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.004034, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038443, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051041, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.127521, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.034817, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.043235, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.537268, "read": "Supply-led" } ], "volume": { "latest": 126153, "relative_activity": 0.43761, "balance": 0.537268, "dry_up": 0.494582, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.012835, "annualized_volatility": 0.067881, "from_high_reference": -0.061744, "from_low_reference": 0.016101 }, "levels": { "trend_reference": 111.63347, "fair_value_reference": 105.079506, 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109.19, "volume": 170391, "typical_volume": 344747.6, "trend": 111.906833, "fair_value": 104.950288, "relative_strength": -10.209972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.637429, "energy": 75.619216, "activity_lines": [ 109.224667, 109.870273, 110.848881, 111.410548 ] }, { "date": "2026-07-24", "close": 107.69, "volume": 104397, "typical_volume": 316650.3, "trend": 111.7605, "fair_value": 104.984619, "relative_strength": -10.593635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.122403, "energy": 78.988024, "activity_lines": [ 108.698667, 109.351273, 110.498, 111.138495 ] }, { "date": "2026-07-31", "close": 109.04, "volume": 169366, "typical_volume": 300967.85, "trend": 111.675833, "fair_value": 105.030592, "relative_strength": -10.104429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.98218, "energy": 61.118342, "activity_lines": [ 108.747333, 109.159273, 110.304071, 110.962978 ] }, { "date": "2026-08-07", "close": 109.1191, "volume": 126153, "typical_volume": 288277.05, "trend": 111.63347, "fair_value": 105.079506, "relative_strength": -12.752102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.318008, "energy": 50.130545, "activity_lines": [ 108.813033, 109.042745, 110.129771, 110.798028 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }