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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Euro/Swiss Franc (FOREX:EURCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURCHF
Open High Low EURCHF Price Change
1.069700 1.072750 1.066535 1.072350 +0.002650
Entry Signal

MarketClub’s Trade Triangles for EURCHF

long term down The long term trend has been DOWN since Jan 2nd, 2019 at 1.12180

intermediate term down The intermediate term trend has been DOWN since Dec 30th, 2019 at 1.08615

short term down The short term trend has been DOWN since Jan 28th, 2020 at 1.06745

Smart Scan Analysis for EURCHF

Based on a pre-defined weighted trend formula for chart analysis, EURCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.069700 1.072750 1.066535 1.072350 +0.002650
Prev. Close Volume Bid Ask Time
1.069700 1.072200 1.072500 2020-01-28 18:46:35
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