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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Swiss Franc/Special Drawing Right (FOREX:CHFSDR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_CHFSDR
Open High Low CHFSDR Price Change
0.7296 0.7296 0.7296 0.7296 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFSDR

long term down The long term trend has been DOWN since Nov 5th, 2018 at 0.71736

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 0.72278

short term up The short term trend has been UP since Dec 4th, 2018 at 0.72631

Smart Scan Analysis for CHFSDR

Based on a pre-defined weighted trend formula for chart analysis, CHFSDR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CHFSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7296 0.7296 0.7296 0.7296 0.0000
Prev. Close Volume Bid Ask Time
0.7296 0.7296 0.7296 2018-12-13 20:57:23
Want to analyze Swiss Franc/Special Drawing Right CHFSDR or another symbol? Try our Free Forex Trend Analysis Report.