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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Strong Downtrend (-100) - CHFINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFINR continues to fall. Traders should use caution and set stops.

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
92.47800 92.47800 92.42905 92.42905 -0.04895
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 93.47156

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2024 at 93.16468

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 94.12071

Smart Scan Analysis for CHFINR

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

-100
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.47800 92.47800 92.42905 92.42905 -0.04895
Prev. Close Volume Bid Ask Time
92.47800 2024-03-29 03:30:09
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