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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Swiss Franc/New Zealand Dollar (FOREX:CHFNZD)

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.

FOREX_CHFNZD
Open High Low CHFNZD Price Change
1.500190 1.500985 1.499150 1.500180 -0.000010
Entry Signal

MarketClub’s Trade Triangles for CHFNZD

long term up The long term trend has been UP since May 5th, 2019 at 1.48842

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 1.51500

short term down The short term trend has been DOWN since Jul 11th, 2019 at 1.51511

Smart Scan Analysis for CHFNZD

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

-70
Smart Scan Analysis for CHFNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.500190 1.500985 1.499150 1.500180 -0.000010
Prev. Close Volume Bid Ask Time
1.500190 1.499890 1.500470 2019-07-19 04:40:02
Want to analyze Swiss Franc/New Zealand Dollar CHFNZD or another symbol? Try our Free Forex Trend Analysis Report.