Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

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_CHFAED
Open High Low CHFAED Price Change
3.7712599 3.7718217 3.7696650 3.7707762 -0.0004840
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long term trend has been UP since Dec 17th, 2019 at 3.7451000

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 3.7199940

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 3.7911388

Smart Scan Analysis for CHFAED

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

+55
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7712599 3.7718217 3.7696650 3.7707762 -0.0004840
Prev. Close Volume Bid Ask Time
3.7712599 3.7697496 3.7718028 2020-01-29 04:42:49
Get a free daily report for Swiss Franc/United Arab Emirates Dirham (CHFAED) - Free Trend Analysis Report.