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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Swiss Franc/Special Drawing Right (FOREX:CHFSDR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
0.72301 0.72301 0.72301 0.72301 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFSDR

long term up The long term trend has been UP since Jul 23rd, 2018 at 0.71872

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 0.73512

short term down The short term trend has been DOWN since Sep 24th, 2018 at 0.74108

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
0.72301 0.72301 0.72301 0.72301 0.00000
Prev. Close Volume Bid Ask Time
0.72301 0.72301 0.72301 2018-10-08 21:31:24
Want to analyze Swiss Franc/Special Drawing Right CHFSDR or another symbol? Try our Free Forex Trend Analysis Report.