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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Swiss Franc/British Pound (FOREX:CHFGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_CHFGBP
Open High Low CHFGBP Price Change
0.754205 0.758385 0.753850 0.757855 +0.003650
Entry Signal

MarketClub’s Trade Triangles for CHFGBP

long term down The long term trend has been DOWN since Apr 3rd, 2018 at 0.741185

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2018 at 0.754550

short term down The short term trend has been DOWN since Jul 9th, 2018 at 0.757805

Smart Scan Analysis for CHFGBP

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

-100
Smart Scan Analysis for CHFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.754205 0.758385 0.753850 0.757855 +0.003650
Prev. Close Volume Bid Ask Time
0.754205 0.757760 0.757950 2018-07-16 17:56:07
Want to analyze Swiss Franc/British Pound CHFGBP or another symbol? Try our Free Forex Trend Analysis Report.