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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Indian Rupee/Canadian Dollar (FOREX:INRCAD)
Long-Term Uptrend (+90) - INRCAD is in a strong uptrend that is likely to continue. While INRCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid INRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for INRCAD
The long-term trend has been UP since Mar 1st, 2024 at 0.01640793
The intermediate-term trend has been UP since Apr 10th, 2024 at 0.01639734
The short-term trend has been UP since Apr 5th, 2024 at 0.01631163
Smart Scan Analysis for INRCAD
Based on our trend formula, INRCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01649653 | 0.01650871 | 0.01646193 | 0.01648045 | -0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01649653 | 2024-04-19 05:59:43 |