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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Sidelines Mode (+55) - INRCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid INRCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRCAD
Open High Low INRCAD Price Change
0.01662168 0.01665267 0.01653822 0.01656411 -0.00005800
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term up The long-term trend has been UP since Mar 3rd, 2023 at 0.01665006

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2023 at 0.01644366

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 0.01657611

Smart Scan Analysis for INRCAD

Based on our trend formula, INRCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01662168 0.01665267 0.01653822 0.01656411 -0.00005800
Prev. Close Volume Bid Ask Time
0.01662168 2023-03-20 14:25:10
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