Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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 Aug 5th, 2019 at 0.01888800
The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.01847205
The short-term trend has been DOWN since Feb 13th, 2020 at 0.01859818
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).