Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
New Zealand Dollar/Swiss Franc (FOREX:NZDCHF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Jan 9th, 2018 at 0.703145
The intermediate term trend has been UP since Dec 10th, 2017 at 0.683070
The short term trend has been DOWN since Jan 14th, 2018 at 0.701550
Smart Scan Analysis for NZDCHF
Based on a pre-defined weighted trend formula for chart analysis, NZDCHF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).