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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 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
0.01637122 0.01641412 0.01635326 0.01641412 +0.00004300
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 0.01616072

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.01628874

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.01630814

Smart Scan Analysis for INRCAD

Based on our trend formula, INRCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01637122 0.01641412 0.01635326 0.01641412 +0.00004300
Prev. Close Volume Bid Ask Time
0.01637122 2024-06-21 22:10:30
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