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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Swiss Franc/Singapore Dollar (FOREX:CHFSGD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

FOREX_CHFSGD
Open High Low CHFSGD Price Change
1.37890 1.37910 1.37135 1.37180 -0.00710
Entry Signal

MarketClub’s Trade Triangles for CHFSGD

long term down The long term trend has been DOWN since Nov 4th, 2018 at 1.3683

intermediate term down The intermediate term trend has been DOWN since Jan 1st, 2019 at 1.3721

short term down The short term trend has been DOWN since Jan 10th, 2019 at 1.3775

Smart Scan Analysis for CHFSGD

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

-100
Smart Scan Analysis for CHFSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.37890 1.37910 1.37135 1.37180 -0.00710
Prev. Close Volume Bid Ask Time
1.37890 1.37170 1.37190 2019-01-15 22:26:48
Want to analyze Swiss Franc/Singapore Dollar CHFSGD or another symbol? Try our Free Forex Trend Analysis Report.