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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low CHFINR Price Change
72.076 72.076 72.076 72.076 0.000
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term up The long term trend has been UP since Jul 3rd, 2018 at 69.3130

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 72.1715

short term down The short term trend has been DOWN since Dec 13th, 2018 at 72.0055

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.076 72.076 72.076 72.076 0.000
Prev. Close Volume Bid Ask Time
72.076 72.005 72.147 2018-12-16 20:54:00
Want to analyze Swiss Franc/Indian Rupee CHFINR or another symbol? Try our Free Forex Trend Analysis Report.