Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
US Dollar/Swiss Franc (FOREX:USDCHF)
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.
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MarketClub’s Trade Triangles for USDCHF
The long term trend has been DOWN since Jun 5th, 2019 at 0.989675
The intermediate term trend has been DOWN since Aug 4th, 2019 at 0.980435
The short term trend has been UP since Aug 14th, 2019 at 0.976925
Smart Scan Analysis for USDCHF
Based on a pre-defined weighted trend formula for chart analysis, USDCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.984900 | 0.985500 | 0.984685 | 0.985315 | +0.000415 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.984900 | 0.985290 | 0.985340 | 2019-08-23 01:39:35 |