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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/Swiss Franc (FOREX:INRCHF)

Long-Term Downtrend (-90) - INRCHF is in a strong downtrend that is likely to continue. While INRCHF 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 INRCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRCHF
Open High Low INRCHF Price Change
0.01052131 0.01056605 0.01051911 0.01056288 +0.00004200
Entry Signal

MarketClub’s Trade Triangles for INRCHF

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 0.01052132

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 0.01067888

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 0.01060458

Smart Scan Analysis for INRCHF

Based on our trend formula, INRCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01052131 0.01056605 0.01051911 0.01056288 +0.00004200
Prev. Close Volume Bid Ask Time
0.01052131 2024-07-26 17:02:12
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