Forex Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
Swiss Franc/Indian Rupee (FOREX:CHFINR)
Strong Uptrend (+100) - CHFINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jun 21st, 2019 at 71.14750
The intermediate-term trend has been UP since Oct 12th, 2020 at 80.69663
The short-term trend has been UP since Oct 19th, 2020 at 80.46149
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).