Loading page content
Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Last Updated: 7/10/26
CHF/MAD reads range-bound — no clean directional character at any horizon (ER 0.71 / 0.16 / 0.10). Recent action is directionless chop rather than a trend. Term-structure band: ±0.3% / ±0.4% / ±0.6% (7/14/28d).
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Composite Economic Index MoM (r=+0.96), Inflation Rate YoY (r=+0.92), Retail Sales YoY (r=+0.91)
Inversely correlated: Bundesanleihe Auction (r=-0.98), CPI YoY (r=-0.92), 12-Month Letras Auction (r=-0.91), Gross Domestic Product YoY (r=-0.89), Industrial Production YoY (r=-0.89)
As of July 11, 2026, CHF/MAD is trading at 11.5428. Our multi-model Sigmanomics forecast for this forex pair generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
The CHF/MAD forex pair tracks the exchange rate between the Swiss Franc and the Moroccan Dirham. The CHF/MAD pair closed at 11.5428 on July 11, 2026, reflecting a decline of 0.15% from the previous close of 11.5600.
Over the past 30 days, the pair has experienced a modest downtrend with a decline of 0.68%, ranging between 11.4980 and 11.6970. The price currently trades below its 20-day moving average of 11.6062. The 14-day RSI stands at 38.5, in the lower part of its range.
Over the same 30-day window, daily-return volatility was 0.29%, reflecting subdued price variability for this pair. Across the past 52 weeks, the pair has traded between 11.4464 and 12.0809, with the current price near the low end of that range.
Daily-return volatility of 0.29% is subdued for this pair, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. CHF/MAD is currently trading 0.55% below its 20-day moving average and sitting in the lower portion of its 52-week range. Its 14-day RSI reads 38.5, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Jul 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.