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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

US Dollar/Indian Rupee (FOREX:USDINR)

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_USDINR
Open High Low USDINR Price Change
68.3550 68.6251 68.3550 68.5285 +0.1735
Entry Signal

MarketClub’s Trade Triangles for USDINR

long term up The long term trend has been UP since Feb 28th, 2018 at 65.565

intermediate term up The intermediate term trend has been UP since Jun 17th, 2018 at 68.470

short term down The short term trend has been DOWN since Jul 12th, 2018 at 68.490

Smart Scan Analysis for USDINR

Based on a pre-defined weighted trend formula for chart analysis, USDINR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.3550 68.6251 68.3550 68.5285 +0.1735
Prev. Close Volume Bid Ask Time
68.3550 68.5170 68.5400 2018-07-18 12:04:58
Want to analyze US Dollar/Indian Rupee USDINR or another symbol? Try our Free Forex Trend Analysis Report.