Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Swiss Franc/British Pound (FOREX:CHFGBP)
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.
MarketClub’s Trade Triangles for CHFGBP
The long term trend has been UP since Jan 2nd, 2019 at 0.806780
The intermediate term trend has been UP since Mar 21st, 2019 at 0.768575
The short term trend has been UP since Mar 18th, 2019 at 0.755395
Smart Scan Analysis for CHFGBP
Based on a pre-defined weighted trend formula for chart analysis, CHFGBP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).