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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Swiss Franc/Indian Rupee (FOREX:CHFINR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_CHFINR
Open High Low CHFINR Price Change
71.1185 71.1855 71.0465 71.1805 +0.0620
Entry Signal

MarketClub’s Trade Triangles for CHFINR

long term down The long term trend has been DOWN since Jan 1st, 2019 at 69.6080

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2019 at 71.2125

short term down The short term trend has been DOWN since Feb 21st, 2019 at 70.9025

Smart Scan Analysis for CHFINR

Based on a pre-defined weighted trend formula for chart analysis, CHFINR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.1185 71.1855 71.0465 71.1805 +0.0620
Prev. Close Volume Bid Ask Time
71.1185 71.1380 71.2230 2019-02-22 03:23:27
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