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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Swiss Franc/Euro (FOREX:CHFEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CHFEUR
Open High Low CHFEUR Price Change
0.9392847 0.9395400 0.9389150 0.9393508 +0.0000660
Entry Signal

MarketClub’s Trade Triangles for CHFEUR

long term up The long term trend has been UP since Jan 2nd, 2019 at 0.8915100

intermediate term up The intermediate term trend has been UP since Dec 30th, 2019 at 0.9206650

short term down The short term trend has been DOWN since Feb 16th, 2020 at 0.9388349

Smart Scan Analysis for CHFEUR

Based on a pre-defined weighted trend formula for chart analysis, CHFEUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CHFEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9392847 0.9395400 0.9389150 0.9393508 +0.0000660
Prev. Close Volume Bid Ask Time
0.9392847 0.9392405 0.9394611 2020-02-17 01:19:58
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