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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.

FOREX_INRCHF
Open High Low INRCHF Price Change
0.01360398 0.01363954 0.01357470 0.01362084 +0.00001700
Entry Signal

MarketClub’s Trade Triangles for INRCHF

long term down The long term trend has been DOWN since Jun 21st, 2019 at 0.01405800

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2019 at 0.01384436

short term down 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).

-90
Smart Scan Analysis for INRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01360398 0.01363954 0.01357470 0.01362084 +0.00001700
Prev. Close Volume Bid Ask Time
0.01360398 0.01361539 0.01362630 2020-01-17 17:14:40
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