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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
70.3015 70.5665 70.2580 70.4290 +0.1275
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 Aug 13th, 2018 at 69.5240

short term up The short term trend has been UP since Aug 9th, 2018 at 69.1805

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.3015 70.5665 70.2580 70.4290 +0.1275
Prev. Close Volume Bid Ask Time
70.3015 70.3590 70.4990 2018-08-17 18:30:12
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