Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

US Dollar/Swiss Franc (FOREX:USDCHF)

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.

FOREX_USDCHF
Open High Low USDCHF Price Change
0.99585 0.99630 0.99560 0.99615 +0.00030
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term down The long term trend has been DOWN since Mar 27th, 2017 at 0.986250

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2017 at 0.994255

short term up The short term trend has been UP since Apr 30th, 2017 at 0.996490

Smart Scan Analysis for USDCHF

Based on a pre-defined weighted trend formula for chart analysis, USDCHF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99585 0.99630 0.99560 0.99615 +0.00030
Prev. Close Volume Bid Ask Time
0.99585 0.99611 0.99619 2017-05-01 02:10:28
Want to analyze US Dollar/Swiss Franc USDCHF or another symbol? Try our Free Forex Trend Analysis Report.