Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Strong Downtrend (-100) - INRCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01763601 0.01765365 0.01759665 0.01760548 -0.00003100
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 0.01809698

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2020 at 0.01794677

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.01758923

Smart Scan Analysis for INRCAD

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

-100
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01763601 0.01765365 0.01759665 0.01760548 -0.00003100
Prev. Close Volume Bid Ask Time
0.01763601 2020-11-24 04:00:49
Get a free daily analysis and signals for Indian Rupee/Canadian Dollar (INRCAD) - Request Your Free Report.