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.
MarketClub’s Trade Triangles for CADINR
The long-term trend has been UP since Oct 11th, 2021 at 60.537948
The intermediate-term trend has been UP since Jul 5th, 2022 at 61.561418
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).