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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Swiss Franc/Chilean Peso (FOREX:CHFCLP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_CHFCLP
Open High Low CHFCLP Price Change
651.005 651.010 650.495 650.560 -0.445
Entry Signal

MarketClub’s Trade Triangles for CHFCLP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 664.435

intermediate term down The intermediate term trend has been DOWN since Jan 11th, 2019 at 685.620

short term down The short term trend has been DOWN since Feb 19th, 2019 at 657.285

Smart Scan Analysis for CHFCLP

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

-100
Smart Scan Analysis for CHFCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
651.005 651.010 650.495 650.560 -0.445
Prev. Close Volume Bid Ask Time
651.005 650.400 650.720 2019-02-23 14:10:12
Want to analyze Swiss Franc/Chilean Peso CHFCLP or another symbol? Try our Free Forex Trend Analysis Report.