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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

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.

FOREX_AUDINR
Open High Low AUDINR Price Change
50.464 50.499 50.401 50.432 -0.032
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 Aug 10th, 2018 at 50.3510

short term down The short term trend has been DOWN since Aug 9th, 2018 at 50.7210

Smart Scan Analysis for AUDINR

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

-70
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.464 50.499 50.401 50.432 -0.032
Prev. Close Volume Bid Ask Time
50.464 50.381 50.483 2018-08-15 03:13:35
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.