Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
Indian Rupee/Canadian Dollar (FOREX:INRCAD)
Weak Uptrend (+65) - INRCAD is showing signs of weakening momentum to the upside. Monitor INRCAD as it may be in the beginning stages of a reversal.
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 UP since Feb 27th, 2020 at 0.01870477
The intermediate-term trend has been UP since Mar 8th, 2020 at 0.01873011
The short-term trend has been DOWN since Apr 1st, 2020 at 0.01852160
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).