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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Euro/Indian Rupee (FOREX:EURINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURINR
Open High Low EURINR Price Change
80.986 81.146 80.891 80.930 -0.056
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long term trend has been UP since Aug 22nd, 2018 at 81.085

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 81.346

short term up The short term trend has been UP since Jan 7th, 2019 at 80.140

Smart Scan Analysis for EURINR

Based on a pre-defined weighted trend formula for chart analysis, EURINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.986 81.146 80.891 80.930 -0.056
Prev. Close Volume Bid Ask Time
80.986 80.850 81.010 2019-01-21 16:48:51
Want to analyze Euro/Indian Rupee EURINR or another symbol? Try our Free Forex Trend Analysis Report.