Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 AUDCHF
The long term trend has been UP since Dec 2nd, 2018 at 0.73430
The intermediate term trend has been DOWN since Dec 6th, 2018 at 0.71690
The short term trend has been UP since Dec 12th, 2018 at 0.71759
Smart Scan Analysis for AUDCHF
Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).