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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

Swiss Franc/Khazanah Sukuk (FOREX:CHFLFX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low CHFLFX Price Change
2.0552 2.0564 2.0524 2.0536 -0.0016
Entry Signal

MarketClub’s Trade Triangles for CHFLFX

long term down The long term trend has been DOWN since Oct 28th, 2019 at 2.0465

intermediate term up The intermediate term trend has been UP since Nov 13th, 2019 at 2.0610

short term down The short term trend has been DOWN since Dec 6th, 2019 at 2.0528

Smart Scan Analysis for CHFLFX

Based on a pre-defined weighted trend formula for chart analysis, CHFLFX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0552 2.0564 2.0524 2.0536 -0.0016
Prev. Close Volume Bid Ask Time
2.0552 2.0531 2.0541 2019-12-06 15:59:50
Want to analyze Swiss Franc/Khazanah Sukuk CHFLFX or another symbol? Try our Free Forex Trend Analysis Report.