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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

Swiss Franc/US Dollar (FOREX:CHFUSD)

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_CHFUSD
Open High Low CHFUSD Price Change
1.0129222 1.0137189 1.0082917 1.0098599 -0.0030620
Entry Signal

MarketClub’s Trade Triangles for CHFUSD

long term down The long term trend has been DOWN since Oct 1st, 2019 at 1.0015500

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1.0133461

short term up The short term trend has been UP since Dec 2nd, 2019 at 1.0019879

Smart Scan Analysis for CHFUSD

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

+60
Smart Scan Analysis for CHFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0129222 1.0137189 1.0082917 1.0098599 -0.0030620
Prev. Close Volume Bid Ask Time
1.0129222 1.0097216 1.0099982 2019-12-06 16:59:58
Want to analyze Swiss Franc/US Dollar CHFUSD or another symbol? Try our Free Forex Trend Analysis Report.