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Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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
73.51129 73.74291 73.12162 73.20801 -0.30328
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term up The long term trend has been UP since Jun 21st, 2019 at 71.14750

intermediate term up The intermediate term trend has been UP since Nov 12th, 2019 at 72.10331

short term down The short term trend has been DOWN since Jan 28th, 2020 at 73.38374

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
73.51129 73.74291 73.12162 73.20801 -0.30328
Prev. Close Volume Bid Ask Time
73.51129 73.13342 73.28259 2020-01-28 19:15:09
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