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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Swiss Franc/ (FOREX:CHFRSD)

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_CHFRSD
Open High Low CHFRSD Price Change
106.74320 107.16560 106.29831 107.02956 +0.28636
Entry Signal

MarketClub’s Trade Triangles for CHFRSD

long term up The long term trend has been UP since Jun 3rd, 2019 at 105.67000

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2019 at 107.69500

short term down The short term trend has been DOWN since Oct 17th, 2019 at 106.50302

Smart Scan Analysis for CHFRSD

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

-60
Smart Scan Analysis for CHFRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.74320 107.16560 106.29831 107.02956 +0.28636
Prev. Close Volume Bid Ask Time
106.74320 106.91578 107.14334 2019-10-17 19:19:48
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