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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

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.

Open High Low CHFARS Price Change
17.6350 17.7740 17.6170 17.6645 +0.0295
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term down The long term trend has been DOWN since Nov 9th, 2017 at 17.5010

intermediate term down The intermediate term trend has been DOWN since Aug 14th, 2017 at 18.0620

short term up The short term trend has been UP since Dec 11th, 2017 at 17.4645

Smart Scan Analysis for CHFARS

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

Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.6350 17.7740 17.6170 17.6645 +0.0295
Prev. Close Volume Bid Ask Time
17.6350 17.5960 17.7330 2017-12-15 18:43:09
Want to analyze Swiss Franc/Argentine Peso CHFARS or another symbol? Try our Free Forex Trend Analysis Report.