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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Australian Dollar/Swiss Franc (FOREX:AUDCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_AUDCHF
Open High Low AUDCHF Price Change
0.721050 0.725010 0.720365 0.723840 +0.002790
Entry Signal

MarketClub’s Trade Triangles for AUDCHF

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 0.729300

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2018 at 0.731800

short term down The short term trend has been DOWN since Aug 9th, 2018 at 0.735285

Smart Scan Analysis for AUDCHF

Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AUDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.721050 0.725010 0.720365 0.723840 +0.002790
Prev. Close Volume Bid Ask Time
0.721050 0.723710 0.723970 2018-08-16 19:29:17
Want to analyze Australian Dollar/Swiss Franc AUDCHF or another symbol? Try our Free Forex Trend Analysis Report.