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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Swiss Franc/Chinese Yuan Renminbi Offshore (FOREX:CHFCNH)

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_CHFCNH
Open High Low CHFCNH Price Change
7.1360 7.1360 7.1360 7.1360 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFCNH

long term up The long term trend has been UP since Feb 4th, 2020 at 7.2110

intermediate term up The intermediate term trend has been UP since Jan 27th, 2020 at 7.1715

short term down The short term trend has been DOWN since Feb 5th, 2020 at 7.2010

Smart Scan Analysis for CHFCNH

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

+55
Smart Scan Analysis for CHFCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.1360 7.1360 7.1360 7.1360 0.0000
Prev. Close Volume Bid Ask Time
7.1360 7.1355 7.1365 2020-02-14 14:41:25
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