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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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
1.555840 1.562445 1.552050 1.559290 +0.003450
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term up The long term trend has been UP since Jun 27th, 2018 at 1.482045

intermediate term up The intermediate term trend has been UP since Jun 21st, 2018 at 1.469320

short term down The short term trend has been DOWN since Sep 19th, 2018 at 1.572420

Smart Scan Analysis for CHFNZD

Based on a pre-defined weighted trend formula for chart analysis, CHFNZD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.555840 1.562445 1.552050 1.559290 +0.003450
Prev. Close Volume Bid Ask Time
1.555840 1.558910 1.559670 2018-09-20 20:00:41
Want to analyze Swiss Franc/New Zealand Dollar CHFNZD or another symbol? Try our Free Forex Trend Analysis Report.