Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2017.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 AUDCHF
The long term trend has been UP since Aug 10th, 2016 at 0.755105
The intermediate term trend has been DOWN since Mar 5th, 2017 at 0.763690
The short term trend has been DOWN since Mar 21st, 2017 at 0.764000
Smart Scan Analysis for AUDCHF
Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).