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Forex Trend Analysis Report

Prepared for you on Monday, November 20, 2017.

Swiss Franc/Chinese Renminbi Yuan (FOREX:CHFCNY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
6.7389 6.7398 6.6817 6.6819 -0.0570
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 up The intermediate term trend has been UP since Nov 19th, 2017 at 6.72070

short term up The short term trend has been UP since Nov 6th, 2017 at 6.64065

Smart Scan Analysis for CHFCNY

Based on a pre-defined weighted trend formula for chart analysis, CHFCNY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7389 6.7398 6.6817 6.6819 -0.0570
Prev. Close Volume Bid Ask Time
6.7389 6.6733 6.6905 2017-11-20 14:03:05
Want to analyze Swiss Franc/Chinese Renminbi Yuan CHFCNY or another symbol? Try our Free Forex Trend Analysis Report.