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Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Swiss Franc/Argentine Peso (FOREX:CHFARS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
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MarketClub’s Trade Triangles for CHFARS
The long term trend has been UP since Feb 19th, 2019 at 39.220000
The intermediate term trend has been UP since Dec 2nd, 2019 at 60.497907
The short term trend has been UP since Jan 21st, 2020 at 62.079277
Smart Scan Analysis for CHFARS
Based on a pre-defined weighted trend formula for chart analysis, CHFARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.989889 | 62.126479 | 61.926061 | 61.969847 | -0.020042 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.989889 | 61.965660 | 61.974034 | 2020-01-21 22:49:39 |