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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_CHFAED
Open High Low CHFAED Price Change
3.73795 3.73795 3.71655 3.71655 -0.02140
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term down The long term trend has been DOWN since Apr 25th, 2018 at 3.7368

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2018 at 3.8873

short term down The short term trend has been DOWN since Mar 27th, 2018 at 3.8738

Smart Scan Analysis for CHFAED

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

-100
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.73795 3.73795 3.71655 3.71655 -0.02140
Prev. Close Volume Bid Ask Time
3.73795 3.71580 3.71730 2018-04-26 12:57:55
Want to analyze Swiss Franc/United Arab Emirates Dirham CHFAED or another symbol? Try our Free Forex Trend Analysis Report.