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Forex Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

US Dollar/Swiss Franc (FOREX:USDCHF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_USDCHF
Open High Low USDCHF Price Change
0.962200 0.966880 0.958845 0.965080 +0.002880
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term down The long term trend has been DOWN since Mar 27th, 2017 at 0.98625

intermediate term up The intermediate term trend has been UP since Jul 27th, 2017 at 0.97000

short term down The short term trend has been DOWN since Aug 17th, 2017 at 0.96330

Smart Scan Analysis for USDCHF

Based on a pre-defined weighted trend formula for chart analysis, USDCHF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.962200 0.966880 0.958845 0.965080 +0.002880
Prev. Close Volume Bid Ask Time
0.962200 0.964500 0.965660 2017-08-18 23:39:06
Want to analyze US Dollar/Swiss Franc USDCHF or another symbol? Try our Free Forex Trend Analysis Report.