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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Swiss Franc/Czech Koruna (FOREX:CHFCZK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_CHFCZK
Open High Low CHFCZK Price Change
22.5829 22.6262 22.5580 22.6199 +0.0370
Entry Signal

MarketClub’s Trade Triangles for CHFCZK

long term up The long term trend has been UP since May 23rd, 2018 at 22.17010

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2018 at 22.44835

short term down The short term trend has been DOWN since Sep 19th, 2018 at 22.58190

Smart Scan Analysis for CHFCZK

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

-60
Smart Scan Analysis for CHFCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.5829 22.6262 22.5580 22.6199 +0.0370
Prev. Close Volume Bid Ask Time
22.5829 22.6026 22.6372 2018-09-20 06:26:34
Want to analyze Swiss Franc/Czech Koruna CHFCZK or another symbol? Try our Free Forex Trend Analysis Report.