Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
Swiss Franc/Euro (FOREX:CHFEUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CHFEUR
The long term trend has been UP since Jan 2nd, 2019 at 0.891510
The intermediate term trend has been DOWN since Sep 6th, 2019 at 0.914955
The short term trend has been DOWN since Oct 10th, 2019 at 0.914088
Smart Scan Analysis for CHFEUR
Based on a pre-defined weighted trend formula for chart analysis, CHFEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.908781 | 0.910208 | 0.908278 | 0.910165 | +0.001384 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.908781 | 0.910080 | 0.910250 | 2019-10-14 09:59:47 |