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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
112.7660 113.2400 112.7550 112.9185 +0.1525
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 May 20th, 2018 at 111.19

short term up The short term trend has been UP since Jul 8th, 2018 at 111.76

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).

+90
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.7660 113.2400 112.7550 112.9185 +0.1525
Prev. Close Volume Bid Ask Time
112.7660 112.9060 112.9310 2018-07-17 22:33:07
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