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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

Swiss Franc/Argentine Peso (FOREX:CHFARS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_CHFARS
Open High Low CHFARS Price Change
60.733267 60.787447 60.400387 60.522629 -0.210638
Entry Signal

MarketClub’s Trade Triangles for CHFARS

long term up The long term trend has been UP since Feb 19th, 2019 at 39.220000

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2019 at 60.497907

short term up The short term trend has been UP since Dec 2nd, 2019 at 59.963595

Smart Scan Analysis for CHFARS

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

+100
Smart Scan Analysis for CHFARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.733267 60.787447 60.400387 60.522629 -0.210638
Prev. Close Volume Bid Ask Time
60.733267 60.518519 60.526739 2019-12-06 13:19:48
Want to analyze Swiss Franc/Argentine Peso CHFARS or another symbol? Try our Free Forex Trend Analysis Report.