Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
Swiss Franc/Canadian Dollar (FOREX:CHFCAD)
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.
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MarketClub’s Trade Triangles for CHFCAD
The long term trend has been UP since Jun 3rd, 2019 at 1.354135
The intermediate term trend has been UP since Aug 2nd, 2019 at 1.338500
The short term trend has been DOWN since Aug 23rd, 2019 at 1.349215
Smart Scan Analysis for CHFCAD
Based on a pre-defined weighted trend formula for chart analysis, CHFCAD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.36330 | 1.36330 | 1.35945 | 1.36330 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.36330 | 1.36300 | 1.36360 | 2019-08-25 13:44:59 |