Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Swiss Franc/Chinese Renminbi Yuan (FOREX:CHFCNY)

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_CHFCNY
Open High Low CHFCNY Price Change
6.64880 6.66835 6.64720 6.66110 +0.01230
Entry Signal

MarketClub’s Trade Triangles for CHFCNY

long term down The long term trend has been DOWN since Aug 31st, 2017 at 6.8393

intermediate term up The intermediate term trend has been UP since Jan 15th, 2018 at 6.6989

short term down The short term trend has been DOWN since Jan 19th, 2018 at 6.6671

Smart Scan Analysis for CHFCNY

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

-75
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.64880 6.66835 6.64720 6.66110 +0.01230
Prev. Close Volume Bid Ask Time
6.64880 6.65770 6.66450 2018-01-22 10:17:42
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