Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

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_CHFAUD
Open High Low CHFAUD Price Change
1.4777605 1.4823607 1.4762335 1.4810098 +0.0032490
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term down The long term trend has been DOWN since Nov 5th, 2019 at 1.4611500

intermediate term up The intermediate term trend has been UP since Nov 13th, 2019 at 1.4799475

short term up The short term trend has been UP since Dec 4th, 2019 at 1.4842319

Smart Scan Analysis for CHFAUD

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

+60
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4777605 1.4823607 1.4762335 1.4810098 +0.0032490
Prev. Close Volume Bid Ask Time
1.4777605 1.4808453 1.4811743 2019-12-09 15:02:14
Want to analyze Swiss Franc/Australian Dollar CHFAUD or another symbol? Try our Free Forex Trend Analysis Report.