Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Canadian Dollar/Indian Rupee (FOREX:CADINR)
Bull Market Weakness (+75) - CADINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 DOWN since Nov 25th, 2024 at 59.811376
The intermediate-term trend has been UP since Jan 6th, 2025 at 59.694986
The short-term trend has been UP since Jan 20th, 2025 at 60.276691
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 |
|---|---|---|---|---|
| 59.984880 | 60.358496 | 59.786217 | 60.272969 | +0.288089 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.984880 | 2025-01-20 09:39:36 |