Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
BRITISH POUND/SWISS FRANC Jun 2019 (CME:PSF.M19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for PSF.M19
The long term trend has been DOWN since May 16th, 2019 at 1.2917
The intermediate term trend has been DOWN since May 13th, 2019 at 1.3125
The short term trend has been UP since Jun 11th, 2019 at 1.2616
Smart Scan Analysis for PSF.M19
Based on a pre-defined weighted trend formula for chart analysis, PSF.M19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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