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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Swiss Franc/US Dollar (FOREX:CHFUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low CHFUSD Price Change
1.00605 1.00625 1.00175 1.00240 -0.00365
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long term trend has been DOWN since Oct 31st, 2018 at 0.993265

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 1.005150

short term down The short term trend has been DOWN since Dec 12th, 2018 at 1.006350

Smart Scan Analysis for CHFUSD

Based on a pre-defined weighted trend formula for chart analysis, CHFUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00605 1.00625 1.00175 1.00240 -0.00365
Prev. Close Volume Bid Ask Time
1.00605 1.00230 1.00250 2018-12-14 15:24:19
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