Forex Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for CHFAUD
The long term trend has been UP since Jul 2nd, 2018 at 1.37113
The intermediate term trend has been UP since Jul 30th, 2018 at 1.36685
The short term trend has been DOWN since Sep 18th, 2018 at 1.43635
Smart Scan Analysis for CHFAUD
Based on a pre-defined weighted trend formula for chart analysis, CHFAUD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).