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Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Swiss Franc/Indian Rupee (FOREX:CHFINR)
Countertrend Up (+85) - CHFINR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFINR
The long-term trend has been UP since Nov 1st, 2021 at 82.28128
The intermediate-term trend has been UP since Jan 24th, 2022 at 81.94747
The short-term trend has been DOWN since Jan 25th, 2022 at 81.34015
Smart Scan Analysis for CHFINR
Based on our trend formula, CHFINR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.43377 | 81.56751 | 81.28764 | 81.37408 | -0.05969 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.43377 | 2022-01-26 10:18:36 |