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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Long-Term Uptrend (+90) - CHFINR is in a strong uptrend that is likely to continue. While CHFINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CHFINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFINR
Open High Low CHFINR Price Change
78.27990 78.80405 78.24106 78.50924 +0.22934
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term up The long-term trend has been UP since Jun 21st, 2019 at 71.1475

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2020 at 74.2995

short term up The short-term trend has been UP since Apr 8th, 2020 at 78.2258

Smart Scan Analysis for CHFINR

Based on our trend formula, CHFINR is rated as a +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
78.27990 78.80405 78.24106 78.50924 +0.22934
Prev. Close Volume Bid Ask Time
78.27990 78.43342 78.58507 2020-04-09 07:45:29
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