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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low CADINR Price Change
56.0180 56.0665 55.9780 56.0300 +0.0120
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 Jul 3rd, 2018 at 52.2460

short term down The short term trend has been DOWN since Oct 10th, 2018 at 56.8810

Smart Scan Analysis for CADINR

Based on a pre-defined weighted trend formula for chart analysis, CADINR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.0180 56.0665 55.9780 56.0300 +0.0120
Prev. Close Volume Bid Ask Time
56.0180 55.9770 56.0830 2018-10-22 06:28:20
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.