Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Euro/Swiss Franc (FOREX:EURCHF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
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MarketClub’s Trade Triangles for EURCHF
The long term trend has been DOWN since Jan 2nd, 2019 at 1.12180
The intermediate term trend has been UP since Jan 29th, 2019 at 1.13470
The short term trend has been DOWN since Feb 20th, 2019 at 1.13393
Smart Scan Analysis for EURCHF
Based on a pre-defined weighted trend formula for chart analysis, EURCHF scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.135095 | 1.135355 | 1.133140 | 1.133770 | -0.001325 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.135095 | 1.133720 | 1.133820 | 2019-02-22 16:24:16 |