Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
110.475 110.665 110.405 110.450 -0.025
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term down The long term trend has been DOWN since Feb 28th, 2018 at 112.985

intermediate term up The intermediate term trend has been UP since Apr 10th, 2018 at 112.096

short term down The short term trend has been DOWN since Apr 11th, 2018 at 111.255

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.475 110.665 110.405 110.450 -0.025
Prev. Close Volume Bid Ask Time
110.475 110.390 110.510 2018-04-21 11:26:05
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