Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Indian Rupee/South African Rand (FOREX:INRZAR)

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_INRZAR
Open High Low INRZAR Price Change
0.193605 0.193805 0.191955 0.192680 -0.000925
Entry Signal

MarketClub’s Trade Triangles for INRZAR

long term up The long term trend has been UP since May 2nd, 2018 at 0.18966

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.19547

short term down The short term trend has been DOWN since Jul 16th, 2018 at 0.19321

Smart Scan Analysis for INRZAR

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

-70
Smart Scan Analysis for INRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.193605 0.193805 0.191955 0.192680 -0.000925
Prev. Close Volume Bid Ask Time
0.193605 0.192610 0.192750 2018-07-16 17:53:36
Want to analyze Indian Rupee/South African Rand INRZAR or another symbol? Try our Free Forex Trend Analysis Report.