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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.019231 0.019241 0.019144 0.019148 -0.000083
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term down The long term trend has been DOWN since Jan 26th, 2018 at 0.019390

intermediate term down The intermediate term trend has been DOWN since Aug 17th, 2018 at 0.019498

short term up The short term trend has been UP since Oct 17th, 2018 at 0.019120

Smart Scan Analysis for INRAUD

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

-65
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019231 0.019241 0.019144 0.019148 -0.000083
Prev. Close Volume Bid Ask Time
0.019231 0.019147 0.019149 2018-10-23 06:00:13
Want to analyze Indian Rupee/Australian Dollar INRAUD or another symbol? Try our Free Forex Trend Analysis Report.