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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Argentine Peso/Swiss Franc (FOREX:ARSCHF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ARSCHF
Open High Low ARSCHF Price Change
0.040900 0.040975 0.040725 0.040865 -0.000035
Entry Signal

MarketClub’s Trade Triangles for ARSCHF

long term down The long term trend has been DOWN since Dec 22nd, 2017 at 0.054770

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2018 at 0.047200

short term down The short term trend has been DOWN since May 2nd, 2018 at 0.048075

Smart Scan Analysis for ARSCHF

Based on a pre-defined weighted trend formula for chart analysis, ARSCHF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ARSCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040900 0.040975 0.040725 0.040865 -0.000035
Prev. Close Volume Bid Ask Time
0.040900 0.040860 0.040870 2018-05-22 23:05:58
Want to analyze Argentine Peso/Swiss Franc ARSCHF or another symbol? Try our Free Forex Trend Analysis Report.