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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Swiss Franc/ (FOREX:CHFRSD)

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.

Open High Low CHFRSD Price Change
98.7525 98.8085 98.4640 98.5510 -0.2015
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term down The long term trend has been DOWN since Apr 10th, 2018 at 99.9020

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2018 at 101.9800

short term up The short term trend has been UP since Apr 23rd, 2018 at 98.8795

Smart Scan Analysis for CHFRSD

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

Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.7525 98.8085 98.4640 98.5510 -0.2015
Prev. Close Volume Bid Ask Time
98.7525 98.4470 98.6550 2018-04-26 07:32:48
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