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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
73.7580 73.9100 73.5315 73.6950 -0.0630
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 down The intermediate term trend has been DOWN since Sep 30th, 2018 at 73.8140

short term down The short term trend has been DOWN since Oct 12th, 2018 at 74.4185

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.7580 73.9100 73.5315 73.6950 -0.0630
Prev. Close Volume Bid Ask Time
73.7580 73.6250 73.7650 2018-10-19 18:32:48
Want to analyze Swiss Franc/Indian Rupee CHFINR or another symbol? Try our Free Forex Trend Analysis Report.