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Forex Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
21.202 21.364 21.197 21.364 +0.162
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long term trend has been UP since Dec 22nd, 2017 at 18.2585

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2018 at 21.1620

short term down The short term trend has been DOWN since Mar 16th, 2018 at 21.2720

Smart Scan Analysis for CHFARS

Based on a pre-defined weighted trend formula for chart analysis, CHFARS scored -60 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
21.202 21.364 21.197 21.364 +0.162
Prev. Close Volume Bid Ask Time
21.202 21.360 21.368 2018-03-21 20:36:04
Want to analyze Swiss Franc/Argentine Peso CHFARS or another symbol? Try our Free Forex Trend Analysis Report.