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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

Indian Rupee/Swiss Franc (FOREX:INRCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_INRCHF
Open High Low INRCHF Price Change
0.01391881 0.01392401 0.01388737 0.01391056 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for INRCHF

long term down The long term trend has been DOWN since Jun 21st, 2019 at 0.01405800

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2019 at 0.01384436

short term up The short term trend has been UP since Dec 6th, 2019 at 0.01388208

Smart Scan Analysis for INRCHF

Based on a pre-defined weighted trend formula for chart analysis, INRCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for INRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01391881 0.01392401 0.01388737 0.01391056 -0.00000800
Prev. Close Volume Bid Ask Time
0.01391881 0.01390864 0.01391247 2019-12-11 04:31:11
Want to analyze Indian Rupee/Swiss Franc INRCHF or another symbol? Try our Free Forex Trend Analysis Report.