Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 AUDCHF
The long term trend has been DOWN since Feb 1st, 2018 at 0.742450
The intermediate term trend has been UP since Mar 8th, 2018 at 0.739885
The short term trend has been DOWN since Mar 15th, 2018 at 0.740620
Smart Scan Analysis for AUDCHF
Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).