Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
Swiss Franc/Euro (FOREX:CHFEUR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for CHFEUR
The long term trend has been UP since May 29th, 2018 at 0.873175
The intermediate term trend has been UP since May 15th, 2018 at 0.842815
The short term trend has been UP since Jun 14th, 2018 at 0.863520
Smart Scan Analysis for CHFEUR
Based on a pre-defined weighted trend formula for chart analysis, CHFEUR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).