Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/Indian Rupee (FOREX:CHFINR)
Weak Downtrend (-65) - CHFINR is showing signs of a strengthening downtrend. Monitor CHFINR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CHFINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFINR
The long-term trend has been DOWN since Mar 1st, 2024 at 93.47156
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 91.16323
The short-term trend has been UP since May 3rd, 2024 at 91.70163
Smart Scan Analysis for CHFINR
Based on our trend formula, CHFINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 91.88467 | 91.92142 | 91.78352 | 91.78352 | -0.10115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 91.88467 | 2024-05-09 07:18:58 |
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