Forex Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NZDCHF
The long term trend has been DOWN since Jun 27th, 2018 at 0.67481
The intermediate term trend has been DOWN since Jun 21st, 2018 at 0.68055
The short term trend has been DOWN since Jul 11th, 2018 at 0.67440
Smart Scan Analysis for NZDCHF
Based on a pre-defined weighted trend formula for chart analysis, NZDCHF scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).