Forex Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
Swiss Franc/Swaziland Lilangeni (FOREX:CHFSZL)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for CHFSZL
The long term trend has been DOWN since Dec 22nd, 2019 at 14.594732
The intermediate term trend has been UP since Jan 20th, 2020 at 14.731586
The short term trend has been DOWN since Jan 23rd, 2020 at 14.888010
Smart Scan Analysis for CHFSZL
Based on a pre-defined weighted trend formula for chart analysis, CHFSZL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).