Forex Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 May 3rd, 2017 at 0.739495
The intermediate term trend has been UP since Jun 12th, 2017 at 0.732895
The short term trend has been DOWN since Jun 27th, 2017 at 0.732525
Smart Scan Analysis for AUDCHF
Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).