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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Countertrend Up (+85) - CADINR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
57.838266 57.838266 57.838266 57.838266 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long-term trend has been UP since Jun 1st, 2020 at 55.258212

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 57.485170

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 57.723270

Smart Scan Analysis for CADINR

Based on our trend formula, CADINR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.838266 57.838266 57.838266 57.838266 0.000000
Prev. Close Volume Bid Ask Time
57.838266 2021-03-06 03:17:43
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