Forex Trend Analysis Report
Prepared for you on Wednesday, May 24, 2017.
Swiss Franc/ (FOREX:CHFUZS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 Mar 14th, 2017 at 3432.35
The short term trend has been UP since May 15th, 2017 at 3746.75
Smart Scan Analysis for CHFUZS
Based on a pre-defined weighted trend formula for chart analysis, CHFUZS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).