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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_INRCAD
Open High Low INRCAD Price Change
0.01653517 0.01655139 0.01653063 0.01654709 +0.00001200
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long-term trend has been DOWN since Aug 27th, 2024 at 0.01605447

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.01629579

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.01659362

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).

-65
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01653517 0.01655139 0.01653063 0.01654709 +0.00001200
Prev. Close Volume Bid Ask Time
0.01653517 2024-11-20 03:44:20
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