Forex Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
Swiss Franc/Japanese Yen (FOREX:CHFJPY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CHFJPY
The long term trend has been UP since May 16th, 2017 at 114.656
The intermediate term trend has been UP since Jun 26th, 2017 at 114.965
The short term trend has been UP since Jul 18th, 2017 at 117.365
Smart Scan Analysis for CHFJPY
Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).