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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
0.018649 0.018715 0.018621 0.018669 +0.000020
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term up The long term trend has been UP since Nov 30th, 2018 at 0.019093

intermediate term up The intermediate term trend has been UP since Oct 24th, 2018 at 0.017881

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.018697

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
0.018649 0.018715 0.018621 0.018669 +0.000020
Prev. Close Volume Bid Ask Time
0.018649 0.018668 0.018670 2018-12-13 15:35:59
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