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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Special Drawing Right/Swiss Franc (FOREX:SDRCHF)

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_SDRCHF
Open High Low SDRCHF Price Change
1.395 1.395 1.395 1.395 0.000
Entry Signal

MarketClub’s Trade Triangles for SDRCHF

long term up The long term trend has been UP since Nov 5th, 2018 at 1.394

intermediate term down The intermediate term trend has been DOWN since May 13th, 2019 at 1.409

short term down The short term trend has been DOWN since May 13th, 2019 at 1.409

Smart Scan Analysis for SDRCHF

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

-60
Smart Scan Analysis for SDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.395 1.395 1.395 1.395 0.000
Prev. Close Volume Bid Ask Time
1.396 1.395 1.395 2019-05-16 09:07:38
Want to analyze Special Drawing Right/Swiss Franc SDRCHF or another symbol? Try our Free Forex Trend Analysis Report.