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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
50.5390 50.7055 50.3060 50.4520 -0.0870
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 Jun 14th, 2018 at 50.4885

short term down The short term trend has been DOWN since Jun 13th, 2018 at 51.0165

Smart Scan Analysis for AUDINR

Based on a pre-defined weighted trend formula for chart analysis, AUDINR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.5390 50.7055 50.3060 50.4520 -0.0870
Prev. Close Volume Bid Ask Time
50.5390 50.4010 50.5030 2018-06-18 22:44:05
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.