Forex Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 UP since Jul 27th, 2017 at 0.766190
The intermediate term trend has been DOWN since Sep 29th, 2017 at 0.759590
The short term trend has been UP since Oct 12th, 2017 at 0.762355
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).