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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_CHFUSD
Open High Low CHFUSD Price Change
1.00895 1.00975 1.00475 1.00515 -0.00380
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term up The long term trend has been UP since Aug 27th, 2018 at 1.021300

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 1.023850

short term down The short term trend has been DOWN since Oct 17th, 2018 at 1.007975

Smart Scan Analysis for CHFUSD

Based on a pre-defined weighted trend formula for chart analysis, CHFUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00895 1.00975 1.00475 1.00515 -0.00380
Prev. Close Volume Bid Ask Time
1.00895 1.00510 1.00520 2018-10-17 17:28:52
Want to analyze Swiss Franc/US Dollar CHFUSD or another symbol? Try our Free Forex Trend Analysis Report.