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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2017.

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
49.7185 49.7840 49.5735 49.7290 +0.0105
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long term trend has been UP since Jan 19th, 2017 at 51.6445

intermediate term down The intermediate term trend has been DOWN since Mar 2nd, 2017 at 50.8645

short term down The short term trend has been DOWN since Mar 21st, 2017 at 50.1890

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
49.7185 49.7840 49.5735 49.7290 +0.0105
Prev. Close Volume Bid Ask Time
49.7185 49.6720 49.7860 2017-03-29 20:35:48
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.