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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Long-Term Uptrend (+90) - CADINR is in a strong uptrend that is likely to continue. While CADINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
54.209038 54.464523 54.128850 54.333802 +0.124764
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long-term trend has been UP since Aug 5th, 2019 at 52.945500

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2020 at 54.262400

short term up The short-term trend has been UP since Feb 13th, 2020 at 53.730154

Smart Scan Analysis for CADINR

Based on our trend formula, CADINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.209038 54.464523 54.128850 54.333802 +0.124764
Prev. Close Volume Bid Ask Time
54.333802 54.278037 54.389566 2020-02-21 18:56:19
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