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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

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.

Open High Low CHFCLP Price Change
638.96 641.48 636.66 641.08 +2.12
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long term trend has been DOWN since Aug 28th, 2017 at 659.015

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2017 at 638.145

short term up The short term trend has been UP since Oct 19th, 2017 at 639.610

Smart Scan Analysis for CHFCLP

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

Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
638.96 641.48 636.66 641.08 +2.12
Prev. Close Volume Bid Ask Time
638.96 640.95 641.21 2017-10-23 14:58:21
Want to analyze Swiss Franc/Chilean Peso CHFCLP or another symbol? Try our Free Forex Trend Analysis Report.