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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CHFJPY Price Change
115.520 115.663 115.520 115.595 +0.075
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long term trend has been UP since May 16th, 2017 at 114.6560

intermediate term up The intermediate term trend has been UP since Aug 27th, 2017 at 114.4025

short term down The short term trend has been DOWN since Sep 21st, 2017 at 115.5600

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.520 115.663 115.520 115.595 +0.075
Prev. Close Volume Bid Ask Time
115.520 115.530 115.660 2017-09-24 15:21:56
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.