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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

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.

FOREX_CADINR
Open High Low CADINR Price Change
53.6230 53.7580 53.3915 53.4760 -0.1470
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term down The long term trend has been DOWN since Nov 30th, 2018 at 52.3815

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 53.5105

short term up The short term trend has been UP since Jan 1st, 2019 at 51.5095

Smart Scan Analysis for CADINR

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

+60
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.6230 53.7580 53.3915 53.4760 -0.1470
Prev. Close Volume Bid Ask Time
53.6230 53.4230 53.5290 2019-01-17 20:48:53
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.