Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
EURO/SWISS FRANC Sep 2019 (CME:RF.U19)
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 RF.U19
The long term trend has been DOWN since May 24th, 2018 at 1.1596
The intermediate term trend has been DOWN since Oct 24th, 2018 at 1.1329
The short term trend has been UP since Aug 19th, 2019 at 1.0873
Smart Scan Analysis for RF.U19
Based on a pre-defined weighted trend formula for chart analysis, RF.U19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).