Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
Swiss Franc/Australian Dollar (FOREX:CHFAUD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for CHFAUD
The long term trend has been UP since Jan 1st, 2019 at 1.448650
The intermediate term trend has been DOWN since Jan 15th, 2019 at 1.406900
The short term trend has been UP since Feb 21st, 2019 at 1.400999
Smart Scan Analysis for CHFAUD
Based on a pre-defined weighted trend formula for chart analysis, CHFAUD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).