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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

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.

FOREX_CHFARS
Open High Low CHFARS Price Change
17.836 17.897 17.774 17.894 +0.058
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long term trend has been UP since May 18th, 2017 at 16.080

intermediate term down The intermediate term trend has been DOWN since Aug 14th, 2017 at 18.062

short term down The short term trend has been DOWN since Aug 14th, 2017 at 18.284

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).

-60
Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.836 17.897 17.774 17.894 +0.058
Prev. Close Volume Bid Ask Time
17.836 17.890 17.898 2017-08-17 13:15:08
Want to analyze Swiss Franc/Argentine Peso CHFARS or another symbol? Try our Free Forex Trend Analysis Report.