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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.
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MarketClub’s Trade Triangles for CHFAED
The long term trend has been UP since Dec 17th, 2019 at 3.7451000
The intermediate term trend has been UP since Dec 3rd, 2019 at 3.7199940
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).
| 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 |