Forex Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
Swiss Franc/United Arab Emirates Dirham (FOREX:CHFAED)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CHFAED
The long term trend has been UP since Jun 5th, 2019 at 3.70720
The intermediate term trend has been DOWN since Aug 30th, 2019 at 3.72120
The short term trend has been UP since Sep 13th, 2019 at 3.71115
Smart Scan Analysis for CHFAED
Based on a pre-defined weighted trend formula for chart analysis, CHFAED scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).