Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Swiss Franc/Singapore Dollar (FOREX:CHFSGD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for CHFSGD
The long term trend has been UP since Aug 12th, 2018 at 1.38270
The intermediate term trend has been UP since May 20th, 2018 at 1.34880
The short term trend has been DOWN since Sep 19th, 2018 at 1.41895
Smart Scan Analysis for CHFSGD
Based on a pre-defined weighted trend formula for chart analysis, CHFSGD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).