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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

US Dollar/Swiss Franc (FOREX:USDCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_USDCHF
Open High Low USDCHF Price Change
0.992800 0.996310 0.991805 0.993800 +0.001000
Entry Signal

MarketClub’s Trade Triangles for USDCHF

long term up The long term trend has been UP since Oct 31st, 2018 at 1.006775

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2018 at 0.995285

short term up The short term trend has been UP since Dec 12th, 2018 at 0.993795

Smart Scan Analysis for USDCHF

Based on a pre-defined weighted trend formula for chart analysis, USDCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.992800 0.996310 0.991805 0.993800 +0.001000
Prev. Close Volume Bid Ask Time
0.992800 0.993600 0.994000 2018-12-12 22:48:13
Want to analyze US Dollar/Swiss Franc USDCHF or another symbol? Try our Free Forex Trend Analysis Report.