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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Weak Downtrend (-65) - CADINR is showing signs of a strengthening downtrend. Monitor CADINR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CADINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADINR
Open High Low CADINR Price Change
60.889970 61.058165 60.707731 60.972546 +0.082576
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 60.950949

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 60.990978

short term up The short-term trend has been UP since Apr 22nd, 2024 at 60.792194

Smart Scan Analysis for CADINR

Based on our trend formula, CADINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.889970 61.058165 60.707731 60.972546 +0.082576
Prev. Close Volume Bid Ask Time
60.889970 2024-04-25 23:17:29
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