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Forex Trend Analysis Report

Prepared for you on Monday, April 23, 2018.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_CADINR
Open High Low CADINR Price Change
51.9170 52.0020 51.5025 51.7980 -0.1190
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long term trend has been UP since Apr 17th, 2018 at 52.2455

intermediate term up The intermediate term trend has been UP since Apr 3rd, 2018 at 50.8315

short term down The short term trend has been DOWN since Apr 20th, 2018 at 51.9190

Smart Scan Analysis for CADINR

Based on a pre-defined weighted trend formula for chart analysis, CADINR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.9170 52.0020 51.5025 51.7980 -0.1190
Prev. Close Volume Bid Ask Time
51.917 51.7470 51.8490 2018-04-23 18:51:55
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.