Forex Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
Argentine Peso/Swiss Franc (FOREX:ARSCHF)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
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.
MarketClub’s Trade Triangles for ARSCHF
The long term trend has been DOWN since May 18th, 2017 at 0.062185
The intermediate term trend has been UP since Aug 14th, 2017 at 0.055365
The short term trend has been UP since Aug 14th, 2017 at 0.054690
Smart Scan Analysis for ARSCHF
Based on a pre-defined weighted trend formula for chart analysis, ARSCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).