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Forex Trend Analysis Report

Prepared for you on Sunday, December 17, 2017.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
64.8830 64.9495 64.5295 64.6800 -0.2030
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long term trend has been DOWN since Oct 26th, 2017 at 65.1925

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2017 at 65.1905

short term down The short term trend has been DOWN since Dec 15th, 2017 at 64.8375

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
64.8830 64.9495 64.5295 64.6800 -0.2030
Prev. Close Volume Bid Ask Time
64.8830 64.6110 64.7490 2017-12-15 17:00:47
Want to analyze Swiss Franc/Indian Rupee CHFINR or another symbol? Try our Free Forex Trend Analysis Report.