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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

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_INRAUD
Open High Low INRAUD Price Change
0.019595 0.019680 0.019595 0.019635 +0.000040
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term up The long term trend has been UP since Nov 1st, 2017 at 0.020205

intermediate term down The intermediate term trend has been DOWN since Dec 13th, 2017 at 0.020220

short term down The short term trend has been DOWN since Jan 9th, 2018 at 0.020045

Smart Scan Analysis for INRAUD

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

-60
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019595 0.019680 0.019595 0.019635 +0.000040
Prev. Close Volume Bid Ask Time
0.019595 0.019630 0.019640 2018-01-17 09:46:50
Want to analyze Indian Rupee/Australian Dollar INRAUD or another symbol? Try our Free Forex Trend Analysis Report.