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Index Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

ELEMENTS INR/USD EXCHANGE RATE ETN GRIP (CME:INRIV)

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.

CME_INRIV
Open High Low INRIV Price Change
41.430 41.462 41.430 41.462 -0.061
Entry Signal

MarketClub’s Trade Triangles for INRIV

long term down The long term trend has been DOWN since Sep 27th, 2017 at 40.972

intermediate term down The intermediate term trend has been DOWN since Sep 26th, 2017 at 41.098

short term down The short term trend has been DOWN since Oct 18th, 2017 at 41.466

Smart Scan Analysis for INRIV

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

-70
Smart Scan Analysis for INRIV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.430 41.462 41.430 41.462 -0.061
Prev. Close Volume Bid Ask Time
41.492 0 2017-10-18 16:11:01
52wk High382.79752wk High Date2017-09-26
52wk Low36.71952wk Low Date2016-11-17
Want to analyze ELEMENTS INR/USD EXCHANGE RATE ETN GRIP INRIV or another symbol? Try our Free Index Trend Analysis Report.