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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Strong Downtrend (-100) - CHFINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFINR continues to fall. 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
91.23352 91.52260 91.15127 91.18480 -0.04872
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 93.47156

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2024 at 91.16323

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 91.52385

Smart Scan Analysis for CHFINR

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

-100
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.23352 91.52260 91.15127 91.18480 -0.04872
Prev. Close Volume Bid Ask Time
91.23352 2024-04-26 17:01:11
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