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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Swiss Franc/Canadian Dollar (FOREX:CHFCAD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_CHFCAD
Open High Low CHFCAD Price Change
1.3496745 1.3503670 1.3462730 1.3468050 -0.0028690
Entry Signal

MarketClub’s Trade Triangles for CHFCAD

long term up The long term trend has been UP since Jan 14th, 2020 at 1.3500600

intermediate term up The intermediate term trend has been UP since Dec 30th, 2019 at 1.3485501

short term down The short term trend has been DOWN since Jan 20th, 2020 at 1.3467850

Smart Scan Analysis for CHFCAD

Based on a pre-defined weighted trend formula for chart analysis, CHFCAD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CHFCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3496745 1.3503670 1.3462730 1.3468050 -0.0028690
Prev. Close Volume Bid Ask Time
1.3496745 1.3462690 1.3473410 2020-01-20 12:22:20
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