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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Swiss Franc/Chinese Renminbi Yuan (FOREX:CHFCNY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
6.69805 6.73285 6.69805 6.72545 +0.02740
Entry Signal

MarketClub’s Trade Triangles for CHFCNY

long term up The long term trend has been UP since Jul 1st, 2018 at 6.69035

intermediate term up The intermediate term trend has been UP since May 18th, 2018 at 6.46945

short term up The short term trend has been UP since Jul 17th, 2018 at 6.71715

Smart Scan Analysis for CHFCNY

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

+100
Smart Scan Analysis for CHFCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.69805 6.73285 6.69805 6.72545 +0.02740
Prev. Close Volume Bid Ask Time
6.69805 6.72210 6.72880 2018-07-17 09:30:54
Want to analyze Swiss Franc/Chinese Renminbi Yuan CHFCNY or another symbol? Try our Free Forex Trend Analysis Report.