Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Indian Rupee/Swiss Franc (FOREX:INRCHF)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for INRCHF
The long term trend has been DOWN since Jun 21st, 2019 at 0.01405800
The intermediate term trend has been DOWN since Nov 12th, 2019 at 0.01384436
The short term trend has been DOWN since Jan 14th, 2020 at 0.01366038
Smart Scan Analysis for INRCHF
Based on a pre-defined weighted trend formula for chart analysis, INRCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).