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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

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
52.2465 52.4490 52.2005 52.2435 -0.0030
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 up The intermediate term trend has been UP since Aug 17th, 2018 at 51.2890

short term down The short term trend has been DOWN since Oct 17th, 2018 at 52.2925

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
52.2465 52.4490 52.2005 52.2435 -0.0030
Prev. Close Volume Bid Ask Time
52.2465 52.1940 52.2930 2018-10-19 19:51:58
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.