Forex Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
Chilean Peso/Swiss Franc (FOREX:CLPCHF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for CLPCHF
The long term trend has been UP since Dec 20th, 2017 at 0.00159
The intermediate term trend has been DOWN since Jan 19th, 2018 at 0.00158
The short term trend has been UP since Feb 6th, 2018 at 0.00156
Smart Scan Analysis for CLPCHF
Based on a pre-defined weighted trend formula for chart analysis, CLPCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).