Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

British Pound/Swiss Franc (FOREX:GBPCHF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_GBPCHF
Open High Low GBPCHF Price Change
1.2273 1.2273 1.2273 1.2273 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCHF

long term down The long term trend has been DOWN since May 17th, 2019 at 1.28574

intermediate term down The intermediate term trend has been DOWN since May 12th, 2019 at 1.31355

short term down The short term trend has been DOWN since Jul 9th, 2019 at 1.23794

Smart Scan Analysis for GBPCHF

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

-100
Smart Scan Analysis for GBPCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2273 1.2273 1.2273 1.2273 0.0000
Prev. Close Volume Bid Ask Time
1.2273 1.2270 1.2276 2019-07-21 00:22:33
Want to analyze British Pound/Swiss Franc GBPCHF or another symbol? Try our Free Forex Trend Analysis Report.