Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
Swiss Franc/ (FOREX:CHFRON)
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.
MarketClub’s Trade Triangles for CHFRON
The long term trend has been UP since Jan 29th, 2018 at 4.02660
The intermediate term trend has been DOWN since Mar 5th, 2018 at 4.02370
The short term trend has been UP since Mar 21st, 2018 at 3.99235
Smart Scan Analysis for CHFRON
Based on a pre-defined weighted trend formula for chart analysis, CHFRON scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).