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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CHFTWD
Open High Low CHFTWD Price Change
31.1075 31.1075 31.1075 31.1075 0.0000
Entry Signal

MarketClub’s Trade Triangles for CHFTWD

long term down The long term trend has been DOWN since Sep 12th, 2019 at 31.3035

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 31.7500

short term down The short term trend has been DOWN since Aug 18th, 2019 at 32.1480

Smart Scan Analysis for CHFTWD

Based on a pre-defined weighted trend formula for chart analysis, CHFTWD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CHFTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.1075 31.1075 31.1075 31.1075 0.0000
Prev. Close Volume Bid Ask Time
31.2695 30.1980 32.0170 2019-09-18 20:37:16
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