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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Swiss Franc/South African Rand (FOREX:CHFZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CHFZAR
Open High Low CHFZAR Price Change
15.42845 15.43770 15.27150 15.27305 -0.15540
Entry Signal

MarketClub’s Trade Triangles for CHFZAR

long term up The long term trend has been UP since Jun 5th, 2018 at 12.9275

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 13.6795

short term down The short term trend has been DOWN since Sep 19th, 2018 at 15.3801

Smart Scan Analysis for CHFZAR

Based on a pre-defined weighted trend formula for chart analysis, CHFZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.42845 15.43770 15.27150 15.27305 -0.15540
Prev. Close Volume Bid Ask Time
15.42845 15.26740 15.27870 2018-09-19 05:39:02
Want to analyze Swiss Franc/South African Rand CHFZAR or another symbol? Try our Free Forex Trend Analysis Report.