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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Swiss Franc/Australian Dollar (FOREX:CHFAUD)

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_CHFAUD
Open High Low CHFAUD Price Change
1.47085 1.47965 1.46975 1.47758 +0.00673
Entry Signal

MarketClub’s Trade Triangles for CHFAUD

long term up The long term trend has been UP since May 13th, 2019 at 1.425100

intermediate term up The intermediate term trend has been UP since May 5th, 2019 at 1.404100

short term up The short term trend has been UP since Jun 20th, 2019 at 1.468411

Smart Scan Analysis for CHFAUD

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

+100
Smart Scan Analysis for CHFAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.47085 1.47965 1.46975 1.47758 +0.00673
Prev. Close Volume Bid Ask Time
1.47085 1.47739 1.47777 2019-06-24 17:22:47
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