Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
Australian Dollar/Swiss Franc (FOREX:AUDCHF)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 AUDCHF
The long term trend has been DOWN since Jan 7th, 2020 at 0.665230
The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.670500
The short term trend has been DOWN since Jan 14th, 2020 at 0.668451
Smart Scan Analysis for AUDCHF
Based on a pre-defined weighted trend formula for chart analysis, AUDCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).