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.
MarketClub’s Trade Triangles for CHFINR
The long-term trend has been DOWN since Feb 4th, 2021 at 80.83560
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 82.41991
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).