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Forex Trend Analysis Report

Prepared for you on Sunday, October 13, 2024.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Weak Downtrend (-65) - CHFINR is showing signs of a strengthening downtrend. Monitor CHFINR as it may be building momentum to the downside.

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
97.99117 98.20841 97.93846 98.10260 +0.11143
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term up The long-term trend has been UP since Jun 4th, 2024 at 95.04213

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2024 at 98.20029

short term down The short-term trend has been DOWN since Oct 3rd, 2024 at 98.63867

Smart Scan Analysis for CHFINR

Based on our trend formula, CHFINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97.99117 98.20841 97.93846 98.10260 +0.11143
Prev. Close Volume Bid Ask Time
97.97729 2024-10-11 17:05:08
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