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Forex Trend Analysis Report

Prepared for you on Saturday, August 19, 2017.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low AUDINR Price Change
50.6520 50.8795 50.5650 50.8585 +0.2065
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long term trend has been UP since Jul 13th, 2017 at 49.8440

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2017 at 50.1000

short term up The short term trend has been UP since Aug 16th, 2017 at 50.7275

Smart Scan Analysis for AUDINR

Based on a pre-defined weighted trend formula for chart analysis, AUDINR scored +65 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
50.6520 50.8795 50.5650 50.8585 +0.2065
Prev. Close Volume Bid Ask Time
50.8330 50.8050 50.9120 2017-08-18 18:04:02
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.