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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

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_CHFNZD
Open High Low CHFNZD Price Change
1.475915 1.477100 1.472295 1.472825 -0.003090
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term down The long term trend has been DOWN since Nov 6th, 2018 at 1.480985

intermediate term up The intermediate term trend has been UP since Mar 26th, 2019 at 1.472905

short term up The short term trend has been UP since Apr 24th, 2019 at 1.479780

Smart Scan Analysis for CHFNZD

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

-60
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.475915 1.477100 1.472295 1.472825 -0.003090
Prev. Close Volume Bid Ask Time
1.475915 1.472520 1.473130 2019-04-26 07:53:25
Want to analyze Swiss Franc/New Zealand Dollar CHFNZD or another symbol? Try our Free Forex Trend Analysis Report.