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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Long-Term Downtrend (-90) - CHFINR is in a strong downtrend that is likely to continue. While CHFINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
79.83540 80.56380 79.78190 80.52271 +0.68731
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long-term trend has been DOWN since Feb 4th, 2021 at 80.83560

intermediate term down The intermediate-term trend has been DOWN since Dec 31st, 2020 at 82.41991

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 81.38094

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
79.83540 80.56380 79.78190 80.52271 +0.68731
Prev. Close Volume Bid Ask Time
79.83540 2021-02-25 12:14:42
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