Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Indian Rupee/Canadian Dollar (FOREX:INRCAD)
Weak Downtrend (-65) - INRCAD is showing signs of a strengthening downtrend. Monitor INRCAD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for INRCAD
The long-term trend has been DOWN since Jun 1st, 2020 at 0.01809698
The intermediate-term trend has been DOWN since Feb 15th, 2021 at 0.01739579
The short-term trend has been UP since Mar 3rd, 2021 at 0.01732507
Smart Scan Analysis for INRCAD
Based on our trend formula, INRCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).