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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Indian Rupee/Euro (FOREX:INREUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_INREUR
Open High Low INREUR Price Change
0.012680 0.012705 0.012630 0.012635 -0.000045
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term up The long term trend has been UP since May 28th, 2018 at 0.012735

intermediate term up The intermediate term trend has been UP since May 2nd, 2018 at 0.012525

short term up The short term trend has been UP since Jun 20th, 2018 at 0.012705

Smart Scan Analysis for INREUR

Based on a pre-defined weighted trend formula for chart analysis, INREUR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012680 0.012705 0.012630 0.012635 -0.000045
Prev. Close Volume Bid Ask Time
0.012680 0.012620 0.012650 2018-06-22 16:55:24
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