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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
3.68925 3.69755 3.67385 3.67450 -0.01475
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term down The long term trend has been DOWN since Apr 25th, 2018 at 3.73680

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 3.68045

short term up The short term trend has been UP since Jul 16th, 2018 at 3.67165

Smart Scan Analysis for CHFAED

Based on a pre-defined weighted trend formula for chart analysis, CHFAED scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.68925 3.69755 3.67385 3.67450 -0.01475
Prev. Close Volume Bid Ask Time
3.68925 3.67440 3.67460 2018-07-17 16:53:38
Want to analyze Swiss Franc/United Arab Emirates Dirham CHFAED or another symbol? Try our Free Forex Trend Analysis Report.