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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

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

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CHFAED
Open High Low CHFAED Price Change
3.7927367 3.7944713 3.7927367 3.7944713 +0.0017350
Entry Signal

MarketClub’s Trade Triangles for CHFAED

long term up The long term trend has been UP since Dec 17th, 2019 at 3.7451000

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 3.7199940

short term up The short term trend has been UP since Jan 13th, 2020 at 3.7770694

Smart Scan Analysis for CHFAED

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

+90
Smart Scan Analysis for CHFAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7927367 3.7944713 3.7927367 3.7944713 +0.0017350
Prev. Close Volume Bid Ask Time
3.7931220 3.7934383 3.7955043 2020-01-17 09:59:13
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