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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Indian Rupee/Swiss Franc (FOREX:INRCHF)

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_INRCHF
Open High Low INRCHF Price Change
0.014555 0.014560 0.014460 0.014520 -0.000035
Entry Signal

MarketClub’s Trade Triangles for INRCHF

long term up The long term trend has been UP since May 2nd, 2018 at 0.01494

intermediate term down The intermediate term trend has been DOWN since May 18th, 2018 at 0.01466

short term down The short term trend has been DOWN since May 7th, 2018 at 0.01492

Smart Scan Analysis for INRCHF

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

-60
Smart Scan Analysis for INRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.014555 0.014560 0.014460 0.014520 -0.000035
Prev. Close Volume Bid Ask Time
0.014555 0.014520 0.014520 2018-05-24 21:28:00
Want to analyze Indian Rupee/Swiss Franc INRCHF or another symbol? Try our Free Forex Trend Analysis Report.