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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_CADCHF
Open High Low CADCHF Price Change
0.7420 0.7451 0.7417 0.7435 +0.0015
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term up The long term trend has been UP since Oct 1st, 2018 at 0.767800

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2018 at 0.758945

short term up The short term trend has been UP since Dec 12th, 2018 at 0.744400

Smart Scan Analysis for CADCHF

Based on a pre-defined weighted trend formula for chart analysis, CADCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7420 0.7451 0.7417 0.7435 +0.0015
Prev. Close Volume Bid Ask Time
0.7420 0.7430 0.7440 2018-12-12 18:25:34
Want to analyze Canadian Dollar/Swiss Franc CADCHF or another symbol? Try our Free Forex Trend Analysis Report.