Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
Swiss Franc/ (FOREX:CHFUZS)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
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 Nov 23rd, 2017 at 8210.15
The short term trend has been DOWN since Dec 1st, 2017 at 8178.95
Smart Scan Analysis for CHFUZS
Based on a pre-defined weighted trend formula for chart analysis, CHFUZS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).