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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_CHFAED
Open High Low CHFAED Price Change
3.69955 3.71495 3.69955 3.71360 +0.01405
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term down The long term trend has been DOWN since Oct 3rd, 2017 at 3.76450

intermediate term down The intermediate term trend has been DOWN since Sep 22nd, 2017 at 3.81225

short term up The short term trend has been UP since Nov 14th, 2017 at 3.68005

Smart Scan Analysis for CHFAED

Based on a pre-defined weighted trend formula for chart analysis, CHFAED scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.69955 3.71495 3.69955 3.71360 +0.01405
Prev. Close Volume Bid Ask Time
3.71230 3.71260 3.71460 2017-11-17 18:39:59
Want to analyze Swiss Franc/United Arab Emirates Dirham CHFAED or another symbol? Try our Free Forex Trend Analysis Report.