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Forex Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
51.4405 51.4405 51.0385 51.0385 -0.4020
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term down The long term trend has been DOWN since Nov 1st, 2017 at 50.1255

intermediate term up The intermediate term trend has been UP since Dec 28th, 2017 at 51.0155

short term down The short term trend has been DOWN since Jan 19th, 2018 at 51.1400

Smart Scan Analysis for CADINR

Based on a pre-defined weighted trend formula for chart analysis, CADINR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.4405 51.4405 51.0385 51.0385 -0.4020
Prev. Close Volume Bid Ask Time
51.4405 50.9860 51.0910 2018-01-19 18:42:24
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.