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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Swiss Franc/Chinese Renminbi Yuan (FOREX:CHFCNY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6.79905 6.81225 6.79905 6.80595 +0.00690
Entry Signal

MarketClub’s Trade Triangles for CHFCNY

long term down The long term trend has been DOWN since Aug 31st, 2017 at 6.83930

intermediate term down The intermediate term trend has been DOWN since Aug 30th, 2017 at 6.85025

short term down The short term trend has been DOWN since Sep 20th, 2017 at 6.80775

Smart Scan Analysis for CHFCNY

Based on a pre-defined weighted trend formula for chart analysis, CHFCNY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.79905 6.81225 6.79905 6.80595 +0.00690
Prev. Close Volume Bid Ask Time
6.79905 6.79730 6.81460 2017-09-22 03:27:22
Want to analyze Swiss Franc/Chinese Renminbi Yuan CHFCNY or another symbol? Try our Free Forex Trend Analysis Report.