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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
113.4650 113.5250 113.3895 113.4575 -0.0075
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long term trend has been UP since May 16th, 2017 at 114.656

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2017 at 114.985

short term down The short term trend has been DOWN since Nov 16th, 2017 at 113.505

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.4650 113.5250 113.3895 113.4575 -0.0075
Prev. Close Volume Bid Ask Time
113.4650 113.4450 113.4700 2017-11-23 00:40:44
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.