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Index Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
41.608 41.640 41.559 41.628 -0.316
Entry Signal

MarketClub’s Trade Triangles for INRIV

long term down The long term trend has been DOWN since Mar 1st, 2018 at 41.949

intermediate term down The intermediate term trend has been DOWN since Apr 16th, 2018 at 42.200

short term down The short term trend has been DOWN since Apr 11th, 2018 at 42.442

Smart Scan Analysis for INRIV

Based on a pre-defined weighted trend formula for chart analysis, INRIV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for INRIV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.608 41.640 41.559 41.628 -0.316
Prev. Close Volume Bid Ask Time
41.628 0 2018-04-20 12:57:01
52wk High382.79752wk High Date2017-09-26
52wk Low40.68252wk Low Date2017-05-18
Want to analyze ELEMENTS INR/USD EXCHANGE RATE ETN GRIP INRIV or another symbol? Try our Free Index Trend Analysis Report.