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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_CADCHF
Open High Low CADCHF Price Change
0.761090 0.762600 0.761000 0.762445 +0.001355
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term up The long term trend has been UP since May 1st, 2018 at 0.773600

intermediate term up The intermediate term trend has been UP since Jul 10th, 2018 at 0.757725

short term up The short term trend has been UP since Aug 14th, 2018 at 0.762375

Smart Scan Analysis for CADCHF

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

+100
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.761090 0.762600 0.761000 0.762445 +0.001355
Prev. Close Volume Bid Ask Time
0.761090 0.762410 0.762480 2018-08-20 06:28:38
Want to analyze Canadian Dollar/Swiss Franc CADCHF or another symbol? Try our Free Forex Trend Analysis Report.