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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

FOREX_CHFNZD
Open High Low CHFNZD Price Change
1.433795 1.436250 1.425520 1.426935 -0.006860
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long term trend has been DOWN since Jan 11th, 2018 at 1.41285

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2017 at 1.46398

short term up The short term trend has been UP since Jan 14th, 2018 at 1.42485

Smart Scan Analysis for CHFNZD

Based on a pre-defined weighted trend formula for chart analysis, CHFNZD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.433795 1.436250 1.425520 1.426935 -0.006860
Prev. Close Volume Bid Ask Time
1.433795 1.426620 1.427250 2018-01-17 09:36:34
Want to analyze Swiss Franc/New Zealand Dollar CHFNZD or another symbol? Try our Free Forex Trend Analysis Report.