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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

US Dollar/Indian Rupee (FOREX:USDINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
72.4150 73.3125 72.3350 72.9750 +0.5600
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 up The short term trend has been UP since Sep 24th, 2018 at 72.565

Smart Scan Analysis for USDINR

Based on a pre-defined weighted trend formula for chart analysis, USDINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.4150 73.3125 72.3350 72.9750 +0.5600
Prev. Close Volume Bid Ask Time
72.4150 72.9300 73.0200 2018-09-24 23:37:38
Want to analyze US Dollar/Indian Rupee USDINR or another symbol? Try our Free Forex Trend Analysis Report.