Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Swiss Franc/Special Drawing Right (FOREX:CHFSDR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CHFSDR
The long term trend has been DOWN since Apr 12th, 2018 at 0.72233
The intermediate term trend has been DOWN since Jun 17th, 2018 at 0.71147
The short term trend has been DOWN since Jun 17th, 2018 at 0.71149
Smart Scan Analysis for CHFSDR
Based on a pre-defined weighted trend formula for chart analysis, CHFSDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).