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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Swiss Franc/ (FOREX:CHFRSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CHFRSD
Open High Low CHFRSD Price Change
106.285 106.335 105.865 106.215 -0.070
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long term trend has been UP since Jun 3rd, 2019 at 105.67

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 103.92

short term down The short term trend has been DOWN since Jul 17th, 2019 at 105.99

Smart Scan Analysis for CHFRSD

Based on a pre-defined weighted trend formula for chart analysis, CHFRSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.285 106.335 105.865 106.215 -0.070
Prev. Close Volume Bid Ask Time
106.285 106.100 106.330 2019-07-17 20:59:41
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