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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

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
116.8300 117.1685 116.6950 117.1680 +0.3380
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 Aug 24th, 2018 at 113.16

short term down The short term trend has been DOWN since Sep 25th, 2018 at 116.78

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
116.8300 117.1685 116.6950 117.1680 +0.3380
Prev. Close Volume Bid Ask Time
116.8300 117.1610 117.1750 2018-09-25 14:35:21
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.