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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_CHFCLP
Open High Low CHFCLP Price Change
623.635 632.710 622.150 630.445 +6.810
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 Dec 18th, 2017 at 640.490

short term up The short term trend has been UP since Jan 10th, 2018 at 623.425

Smart Scan Analysis for CHFCLP

Based on a pre-defined weighted trend formula for chart analysis, CHFCLP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
623.635 632.710 622.150 630.445 +6.810
Prev. Close Volume Bid Ask Time
623.635 630.400 630.490 2018-01-17 17:17:57
Want to analyze Swiss Franc/Chilean Peso CHFCLP or another symbol? Try our Free Forex Trend Analysis Report.