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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Swiss Franc/ (FOREX:CHFLFX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_CHFLFX
Open High Low CHFLFX Price Change
2.0285 2.0319 2.0277 2.0298 +0.0013
Entry Signal

MarketClub’s Trade Triangles for CHFLFX

long term up The long term trend has been UP since Aug 9th, 2018 at 2.0217

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2019 at 2.0455

short term down The short term trend has been DOWN since Jan 10th, 2019 at 2.0512

Smart Scan Analysis for CHFLFX

Based on a pre-defined weighted trend formula for chart analysis, CHFLFX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0285 2.0319 2.0277 2.0298 +0.0013
Prev. Close Volume Bid Ask Time
2.0285 2.0293 2.0303 2019-01-22 19:41:53
Want to analyze Swiss Franc/ CHFLFX or another symbol? Try our Free Forex Trend Analysis Report.