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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Canadian Dollar/Swiss Franc (FOREX:CADCHF)

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_CADCHF
Open High Low CADCHF Price Change
0.74208 0.74240 0.74180 0.74185 -0.00023
Entry Signal

MarketClub’s Trade Triangles for CADCHF

long term down The long term trend has been DOWN since Jan 22nd, 2020 at 0.738200

intermediate term up The intermediate term trend has been UP since Feb 16th, 2020 at 0.741325

short term up The short term trend has been UP since Feb 5th, 2020 at 0.731450

Smart Scan Analysis for CADCHF

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

+60
Smart Scan Analysis for CADCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.74208 0.74240 0.74180 0.74185 -0.00023
Prev. Close Volume Bid Ask Time
0.74208 0.74110 0.74260 2020-02-17 01:24:07
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