Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_CHFCAD
Open High Low CHFCAD Price Change
1.281995 1.283583 1.279225 1.283510 +0.001515
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.292745

intermediate term down The intermediate term trend has been DOWN since Apr 3rd, 2018 at 1.345805

short term up The short term trend has been UP since May 18th, 2018 at 1.288294

Smart Scan Analysis for CHFCAD

Based on a pre-defined weighted trend formula for chart analysis, CHFCAD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.281995 1.283583 1.279225 1.283510 +0.001515
Prev. Close Volume Bid Ask Time
1.281995 1.283320 1.283700 2018-05-22 09:37:24
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