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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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.
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MarketClub’s Trade Triangles for CADINR
The long-term trend has been UP since Feb 5th, 2025 at 61.019450
The intermediate-term trend has been UP since Feb 4th, 2025 at 60.482773
The short-term trend has been DOWN since Feb 19th, 2025 at 61.005442
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.111690 | 61.154429 | 60.834206 | 60.866949 | -0.244741 |
| Prev. Close | Volume | Bid | Ask | Time |
| 60.757443 | 2025-02-21 18:57:36 |