Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Swiss Franc/Indian Rupee (FOREX:CHFINR)
Long-Term Uptrend (+90) - CHFINR is in a strong uptrend that is likely to continue. While CHFINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 21st, 2019 at 71.1475
The intermediate-term trend has been UP since Feb 27th, 2020 at 74.2995
The short-term trend has been UP since Apr 8th, 2020 at 78.2258
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).