Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Nov 14th, 2017 at 1.331850
The intermediate term trend has been UP since Nov 13th, 2017 at 1.316262
The short term trend has been UP since Dec 7th, 2017 at 1.340400
Smart Scan Analysis for CHFAUD
Based on a pre-defined weighted trend formula for chart analysis, CHFAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).