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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Swiss Franc/British Pound (FOREX:CHFGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_CHFGBP
Open High Low CHFGBP Price Change
0.796795 0.797090 0.789970 0.790425 -0.006370
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term up The long term trend has been UP since Jul 18th, 2018 at 0.767480

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2018 at 0.785935

short term up The short term trend has been UP since Sep 21st, 2018 at 0.793110

Smart Scan Analysis for CHFGBP

Based on a pre-defined weighted trend formula for chart analysis, CHFGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.796795 0.797090 0.789970 0.790425 -0.006370
Prev. Close Volume Bid Ask Time
0.796795 0.790330 0.790520 2018-09-24 19:59:23
Want to analyze Swiss Franc/British Pound CHFGBP or another symbol? Try our Free Forex Trend Analysis Report.