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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_CHFHUF
Open High Low CHFHUF Price Change
269.850 270.395 268.380 270.020 +0.170
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term down The long term trend has been DOWN since May 7th, 2017 at 286.36

intermediate term up The intermediate term trend has been UP since Dec 1st, 2017 at 270.44

short term down The short term trend has been DOWN since Dec 15th, 2017 at 268.59

Smart Scan Analysis for CHFHUF

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

+55
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
269.850 270.395 268.380 270.020 +0.170
Prev. Close Volume Bid Ask Time
269.850 269.820 270.220 2017-12-15 18:18:19
Want to analyze Swiss Franc/Hungarian Forint CHFHUF or another symbol? Try our Free Forex Trend Analysis Report.