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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

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.

FOREX_CHFJPY
Open High Low CHFJPY Price Change
110.650 110.735 110.605 110.735 +0.085
Entry Signal

MarketClub’s Trade Triangles for CHFJPY

long term down The long term trend has been DOWN since Dec 23rd, 2018 at 111.5650

intermediate term up The intermediate term trend has been UP since Feb 19th, 2019 at 110.3970

short term up The short term trend has been UP since Feb 11th, 2019 at 109.9755

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.650 110.735 110.605 110.735 +0.085
Prev. Close Volume Bid Ask Time
110.650 110.710 110.760 2019-02-23 08:14:06
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.