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Forex Trend Analysis Report

Prepared for you on Thursday, March 22, 2018.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low CHFCLP Price Change
637.625 642.460 636.670 641.810 +4.185
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long term trend has been DOWN since Dec 19th, 2017 at 628.205

intermediate term down The intermediate term trend has been DOWN since Feb 26th, 2018 at 629.130

short term up The short term trend has been UP since Mar 22nd, 2018 at 641.575

Smart Scan Analysis for CHFCLP

Based on a pre-defined weighted trend formula for chart analysis, CHFCLP scored -55 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
637.625 642.460 636.670 641.810 +4.185
Prev. Close Volume Bid Ask Time
637.625 641.230 642.390 2018-03-22 19:38:26
Want to analyze Swiss Franc/Chilean Peso CHFCLP or another symbol? Try our Free Forex Trend Analysis Report.