Forex Trend Analysis Report
Prepared for you on Friday, June 23, 2017.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
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 CHFHUF
The long term trend has been DOWN since May 7th, 2017 at 286.360
The intermediate term trend has been UP since Jun 20th, 2017 at 284.975
The short term trend has been UP since Jun 15th, 2017 at 283.795
Smart Scan Analysis for CHFHUF
Based on a pre-defined weighted trend formula for chart analysis, CHFHUF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).