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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Swiss Franc/US Dollar (FOREX:CHFUSD)

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_CHFUSD
Open High Low CHFUSD Price Change
1.00311 1.00675 1.00280 1.00490 +0.00179
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.00795

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 1.00110

short term down The short term trend has been DOWN since Aug 15th, 2018 at 1.00370

Smart Scan Analysis for CHFUSD

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

-100
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00311 1.00675 1.00280 1.00490 +0.00179
Prev. Close Volume Bid Ask Time
1.00311 1.00480 1.00500 2018-08-17 18:33:30
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