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Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_CHFCLP
Open High Low CHFCLP Price Change
682.665 682.665 682.665 682.665 0.000
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term up The long term trend has been UP since Jun 7th, 2018 at 644.890

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2018 at 692.095

short term down The short term trend has been DOWN since Oct 16th, 2018 at 681.075

Smart Scan Analysis for CHFCLP

Based on a pre-defined weighted trend formula for chart analysis, CHFCLP scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
682.665 682.665 682.665 682.665 0.000
Prev. Close Volume Bid Ask Time
682.665 682.160 683.170 2018-10-21 08:36:51
Want to analyze Swiss Franc/Chilean Peso CHFCLP or another symbol? Try our Free Forex Trend Analysis Report.