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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Strong Uptrend (+100) - CADINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
55.752635 55.855019 55.709782 55.833720 +0.081085
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long-term trend has been UP since Jun 1st, 2020 at 55.258212

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 54.556948

short term up The short-term trend has been UP since May 26th, 2020 at 54.392571

Smart Scan Analysis for CADINR

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

+100
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.752635 55.855019 55.709782 55.833720 +0.081085
Prev. Close Volume Bid Ask Time
55.752635 55.780638 55.886802 2020-06-02 02:15:23
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