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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_CHFNZD
Open High Low CHFNZD Price Change
1.47385 1.47767 1.47321 1.47678 +0.00293
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long term trend has been DOWN since Nov 6th, 2018 at 1.480985

intermediate term down The intermediate term trend has been DOWN since Sep 25th, 2018 at 1.552050

short term up The short term trend has been UP since Dec 5th, 2018 at 1.456950

Smart Scan Analysis for CHFNZD

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

-55
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.47385 1.47767 1.47321 1.47678 +0.00293
Prev. Close Volume Bid Ask Time
1.47385 1.47645 1.47711 2018-12-16 21:33:04
Want to analyze Swiss Franc/New Zealand Dollar CHFNZD or another symbol? Try our Free Forex Trend Analysis Report.