Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Swiss Franc/Special Drawing Right (FOREX:CHFSDR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_CHFSDR
Open High Low CHFSDR Price Change
0.71686 0.71686 0.71686 0.71686 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFSDR

long term down The long term trend has been DOWN since Nov 5th, 2018 at 0.71736

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 0.70970

short term up The short term trend has been UP since May 13th, 2019 at 0.70970

Smart Scan Analysis for CHFSDR

Based on a pre-defined weighted trend formula for chart analysis, CHFSDR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for CHFSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.71686 0.71686 0.71686 0.71686 0.00000
Prev. Close Volume Bid Ask Time
0.71809 0.71686 0.71686 2019-05-16 09:07:38
Want to analyze Swiss Franc/Special Drawing Right CHFSDR or another symbol? Try our Free Forex Trend Analysis Report.