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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
113.65 113.65 113.65 113.65 0.00
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term up The long term trend has been UP since Jul 11th, 2018 at 112.28

intermediate term up The intermediate term trend has been UP since Nov 7th, 2018 at 113.65

short term down The short term trend has been DOWN since Dec 14th, 2018 at 113.83

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.65 113.65 113.65 113.65 0.00
Prev. Close Volume Bid Ask Time
113.65 113.62 113.68 2018-12-15 17:26:34
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.