Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
FX SWISS FRANC INDEX (NASDAQ:SFC)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SFC
The long term trend has been DOWN since Jan 7th, 2019 at 97.90
The intermediate term trend has been DOWN since Nov 19th, 2018 at 99.58
The short term trend has been UP since Jan 10th, 2019 at 98.35
Smart Scan Analysis for SFC
Based on a pre-defined weighted trend formula for chart analysis, SFC scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||101.13||52wk High Date||2018-11-12|
|52wk Low||92.1||52wk Low Date||2018-02-15|