Forex Trend Analysis Report
Prepared for you on Friday, March 23, 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.
MarketClub’s Trade Triangles for CHFGBP
The long term trend has been UP since Feb 9th, 2018 at 0.771625
The intermediate term trend has been DOWN since Mar 8th, 2018 at 0.760895
The short term trend has been UP since Mar 23rd, 2018 at 0.749295
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).