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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Swiss Franc/Japanese Yen (FOREX:CHFJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
108.75650 108.76484 108.49329 108.64950 -0.10700
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 down The intermediate term trend has been DOWN since Oct 2nd, 2019 at 107.9150

short term up The short term trend has been UP since Oct 7th, 2019 at 107.6305

Smart Scan Analysis for CHFJPY

Based on a pre-defined weighted trend formula for chart analysis, CHFJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CHFJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.75650 108.76484 108.49329 108.64950 -0.10700
Prev. Close Volume Bid Ask Time
108.75650 108.63900 108.66000 2019-10-14 09:42:51
Want to analyze Swiss Franc/Japanese Yen CHFJPY or another symbol? Try our Free Forex Trend Analysis Report.