Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 NZDCHF
The long term trend has been UP since Jul 26th, 2017 at 0.713200
The intermediate term trend has been UP since Sep 17th, 2017 at 0.701535
The short term trend has been UP since Sep 11th, 2017 at 0.692800
Smart Scan Analysis for NZDCHF
Based on a pre-defined weighted trend formula for chart analysis, NZDCHF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).