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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_CHFINR
Open High Low CHFINR Price Change
68.2085 68.5625 68.1850 68.3870 +0.1785
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long term trend has been DOWN since May 2nd, 2018 at 66.923

intermediate term up The intermediate term trend has been UP since May 18th, 2018 at 68.192

short term up The short term trend has been UP since Jun 19th, 2018 at 68.567

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.2085 68.5625 68.1850 68.3870 +0.1785
Prev. Close Volume Bid Ask Time
68.2085 68.3430 68.4310 2018-06-21 10:27:50
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