Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Sidelines Mode (+55) - CHFINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
93.30143 93.30143 93.30143 93.30143 0.00000
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term up The long-term trend has been UP since Jun 4th, 2024 at 95.04213

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2024 at 92.80266

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 93.68523

Smart Scan Analysis for CHFINR

Based on our trend formula, CHFINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.30143 93.30143 93.30143 93.30143 0.00000
Prev. Close Volume Bid Ask Time
93.30143 2024-06-22 16:44:17
Get a free daily analysis and signals for Swiss Franc/Indian Rupee (CHFINR) - Request Your Free Report.