Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Weak Uptrend (+65) - CADINR is showing signs of weakening momentum to the upside. Monitor CADINR as it may be in the beginning stages of a reversal.

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
61.560258 61.575435 61.397916 61.508924 -0.051334
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long-term trend has been UP since Oct 11th, 2021 at 60.537948

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 61.561418

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 61.984445

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
61.560258 61.575435 61.397916 61.508924 -0.051334
Prev. Close Volume Bid Ask Time
61.560258 2022-08-19 19:52:30
Get a free daily analysis and signals for Canadian Dollar/Indian Rupee (CADINR) - Request Your Free Report.