Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

/Indian Rupee (FOREX:CNHINR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_CNHINR
Open High Low CNHINR Price Change
10.4825 10.4825 10.4825 10.4825 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHINR

long term down The long term trend has been DOWN since Dec 31st, 2018 at 10.1516

intermediate term up The intermediate term trend has been UP since Jan 14th, 2019 at 10.2093

short term up The short term trend has been UP since Jan 14th, 2019 at 10.2093

Smart Scan Analysis for CNHINR

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

-60
Smart Scan Analysis for CNHINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.4825 10.4825 10.4825 10.4825 0.0000
Prev. Close Volume Bid Ask Time
10.4825 10.4750 10.4900 2019-01-17 15:30:48
Want to analyze /Indian Rupee CNHINR or another symbol? Try our Free Forex Trend Analysis Report.