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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_INRCAD
Open High Low INRCAD Price Change
0.019340 0.019345 0.019340 0.019340 0.000000
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long term trend has been DOWN since Apr 17th, 2018 at 0.019140

intermediate term up The intermediate term trend has been UP since Jun 1st, 2018 at 0.019350

short term down The short term trend has been DOWN since Jun 14th, 2018 at 0.019165

Smart Scan Analysis for INRCAD

Based on a pre-defined weighted trend formula for chart analysis, INRCAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019340 0.019345 0.019340 0.019340 0.000000
Prev. Close Volume Bid Ask Time
0.019340 0.019340 0.019340 2018-06-18 01:31:45
Want to analyze Indian Rupee/Canadian Dollar INRCAD or another symbol? Try our Free Forex Trend Analysis Report.