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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Swiss Franc/ (FOREX:CHFLFX)

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_CHFLFX
Open High Low CHFLFX Price Change
2.0262 2.0265 2.0261 2.0264 +0.0002
Entry Signal

MarketClub’s Trade Triangles for CHFLFX

long term down The long term trend has been DOWN since Feb 5th, 2019 at 2.0123

intermediate term down The intermediate term trend has been DOWN since Mar 11th, 2019 at 2.0129

short term up The short term trend has been UP since Mar 15th, 2019 at 2.0215

Smart Scan Analysis for CHFLFX

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

-55
Smart Scan Analysis for CHFLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0262 2.0265 2.0261 2.0264 +0.0002
Prev. Close Volume Bid Ask Time
2.0262 2.0259 2.0269 2019-03-20 00:54:44
Want to analyze Swiss Franc/ CHFLFX or another symbol? Try our Free Forex Trend Analysis Report.