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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_CHFAED
Open High Low CHFAED Price Change
3.65310 3.65550 3.64615 3.65490 +0.00180
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long term trend has been UP since Jan 7th, 2019 at 3.74625

intermediate term down The intermediate term trend has been DOWN since Jan 18th, 2019 at 3.68860

short term down The short term trend has been DOWN since Jan 30th, 2019 at 3.68930

Smart Scan Analysis for CHFAED

Based on a pre-defined weighted trend formula for chart analysis, CHFAED scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.65310 3.65550 3.64615 3.65490 +0.00180
Prev. Close Volume Bid Ask Time
3.65310 3.65390 3.65590 2019-02-15 15:54:45
Want to analyze Swiss Franc/United Arab Emirates Dirham CHFAED or another symbol? Try our Free Forex Trend Analysis Report.