Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

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

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_CHFAED
Open High Low CHFAED Price Change
3.6734 3.6798 3.6734 3.6798 +0.0064
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term down The long term trend has been DOWN since Oct 31st, 2018 at 3.65045

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 3.76730

short term up The short term trend has been UP since Nov 16th, 2018 at 3.65340

Smart Scan Analysis for CHFAED

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

-55
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6734 3.6798 3.6734 3.6798 +0.0064
Prev. Close Volume Bid Ask Time
3.6734 3.6788 3.6808 2018-11-17 17:09:28
Want to analyze Swiss Franc/United Arab Emirates Dirham CHFAED or another symbol? Try our Free Forex Trend Analysis Report.