Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Euro/Indian Rupee (FOREX:EURINR)

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_EURINR
Open High Low EURINR Price Change
81.740 81.856 81.264 81.555 -0.185
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 down The intermediate term trend has been DOWN since Oct 24th, 2018 at 83.920

short term down The short term trend has been DOWN since Nov 2nd, 2018 at 83.478

Smart Scan Analysis for EURINR

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

-60
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.740 81.856 81.264 81.555 -0.185
Prev. Close Volume Bid Ask Time
81.740 81.475 81.635 2018-11-15 22:09:40
Want to analyze Euro/Indian Rupee EURINR or another symbol? Try our Free Forex Trend Analysis Report.