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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

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.

FOREX_CHFCAD
Open High Low CHFCAD Price Change
1.347215 1.350765 1.341503 1.343115 -0.004100
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term up The long term trend has been UP since Sep 3rd, 2018 at 1.350400

intermediate term up The intermediate term trend has been UP since Aug 22nd, 2018 at 1.326194

short term down The short term trend has been DOWN since Sep 18th, 2018 at 1.345193

Smart Scan Analysis for CHFCAD

Based on a pre-defined weighted trend formula for chart analysis, CHFCAD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.347215 1.350765 1.341503 1.343115 -0.004100
Prev. Close Volume Bid Ask Time
1.347215 1.342620 1.343610 2018-09-24 18:53:26
Want to analyze Swiss Franc/Canadian Dollar CHFCAD or another symbol? Try our Free Forex Trend Analysis Report.