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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low AUDINR Price Change
51.6045 51.6685 51.4270 51.6405 +0.0360
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long term trend has been UP since Jan 25th, 2018 at 51.5385

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 51.7715

short term up The short term trend has been UP since Dec 10th, 2018 at 51.3920

Smart Scan Analysis for AUDINR

Based on a pre-defined weighted trend formula for chart analysis, AUDINR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.6045 51.6685 51.4270 51.6405 +0.0360
Prev. Close Volume Bid Ask Time
51.6045 51.5860 51.6950 2018-12-14 18:50:44
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.