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Forex Trend Analysis Report

Prepared for you on Sunday, August 20, 2017.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
267.3850 267.7100 267.0285 267.3050 -0.0800
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term down The long term trend has been DOWN since May 7th, 2017 at 286.3600

intermediate term down The intermediate term trend has been DOWN since Jul 7th, 2017 at 280.3100

short term up The short term trend has been UP since Aug 16th, 2017 at 268.2035

Smart Scan Analysis for CHFHUF

Based on a pre-defined weighted trend formula for chart analysis, CHFHUF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
267.3850 267.7100 267.0285 267.3050 -0.0800
Prev. Close Volume Bid Ask Time
267.3850 266.9700 267.6400 2017-08-20 20:59:14
Want to analyze Swiss Franc/Hungarian Forint CHFHUF or another symbol? Try our Free Forex Trend Analysis Report.