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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
109.7075 109.9050 109.5300 109.5565 -0.1510
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term down The long term trend has been DOWN since Dec 23rd, 2018 at 111.565

intermediate term up The intermediate term trend has been UP since Jun 7th, 2019 at 109.600

short term up The short term trend has been UP since Jul 9th, 2019 at 109.535

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.7075 109.9050 109.5300 109.5565 -0.1510
Prev. Close Volume Bid Ask Time
109.7075 109.5440 109.5690 2019-07-15 14:00:26
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.