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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_INRCAD
Open High Low INRCAD Price Change
0.017926 0.017973 0.017924 0.017950 +0.000024
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 down The intermediate term trend has been DOWN since Jul 1st, 2018 at 0.019145

short term down The short term trend has been DOWN since Sep 5th, 2018 at 0.018339

Smart Scan Analysis for INRCAD

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

-90
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.017926 0.017973 0.017924 0.017950 +0.000024
Prev. Close Volume Bid Ask Time
0.017926 0.017949 0.017951 2018-09-21 02:15:15
Want to analyze Indian Rupee/Canadian Dollar INRCAD or another symbol? Try our Free Forex Trend Analysis Report.