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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

US Dollar/Swiss Franc (FOREX:USDCHF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.988540 0.992665 0.987390 0.990915 +0.002375
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term up The long term trend has been UP since Sep 27th, 2017 at 0.976895

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 0.984915

short term down The short term trend has been DOWN since Dec 12th, 2017 at 0.989895

Smart Scan Analysis for USDCHF

Based on a pre-defined weighted trend formula for chart analysis, USDCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.988540 0.992665 0.987390 0.990915 +0.002375
Prev. Close Volume Bid Ask Time
0.988540 0.990350 0.991480 2017-12-15 22:13:05
Want to analyze US Dollar/Swiss Franc USDCHF or another symbol? Try our Free Forex Trend Analysis Report.