Forex Trend Analysis Report
Prepared for you on Monday, January 16, 2017.
Swiss Franc/ (FOREX:CHFUZS)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for CHFUZS
The long term trend has been UP since Jan 8th, 2016 at 2797.40
The intermediate term trend has been UP since Dec 8th, 2016 at 3175.30
The short term trend has been UP since Jan 12th, 2017 at 3199.05
Smart Scan Analysis for CHFUZS
Based on a pre-defined weighted trend formula for chart analysis, CHFUZS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).