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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

Open High Low AUDINR Price Change
51.0030 51.2475 50.7480 51.1075 +0.1045
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term down The long term trend has been DOWN since Nov 1st, 2017 at 49.4850

intermediate term up The intermediate term trend has been UP since Dec 13th, 2017 at 49.4580

short term up The short term trend has been UP since Jan 9th, 2018 at 49.8835

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).

Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.0030 51.2475 50.7480 51.1075 +0.1045
Prev. Close Volume Bid Ask Time
51.0030 51.0550 51.1600 2018-01-17 17:08:38
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.