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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Indian Rupee/Euro (FOREX:INREUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.012271 0.012292 0.012229 0.012285 +0.000014
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long term trend has been DOWN since Aug 22nd, 2018 at 0.012330

intermediate term up The intermediate term trend has been UP since Oct 24th, 2018 at 0.011916

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 0.012528

Smart Scan Analysis for INREUR

Based on a pre-defined weighted trend formula for chart analysis, INREUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012271 0.012292 0.012229 0.012285 +0.000014
Prev. Close Volume Bid Ask Time
0.012271 0.012273 0.012297 2018-12-10 08:08:39
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