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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for CADINR
The long-term trend has been UP since Jun 4th, 2024 at 61.876032
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 60.698542
The short-term trend has been DOWN since Jul 14th, 2024 at 61.187560
Smart Scan Analysis for CADINR
Based on our trend formula, CADINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 60.596566 | 60.635569 | 60.496996 | 60.510977 | -0.085589 |
| Prev. Close | Volume | Bid | Ask | Time |
| 60.596566 | 2024-07-26 19:42:38 |