Forex Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
Swiss Franc/Indian Rupee (FOREX:CHFINR)
Bull Market Weakness (+75) - CHFINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFINR as it may be in the beginning stages of a reversal.
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 DOWN since Feb 4th, 2021 at 80.83560
The intermediate-term trend has been UP since Jul 8th, 2021 at 81.74403
The short-term trend has been UP since Jul 27th, 2021 at 81.27250
Smart Scan Analysis for CHFINR
Based on our trend formula, CHFINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).