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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indian Rupee/Canadian Dollar (FOREX:INRCAD)
Long-Term Uptrend (+90) - INRCAD is in a strong uptrend that is likely to continue. While INRCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for INRCAD
The long-term trend has been UP since Nov 25th, 2024 at 0.01674996
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.01629579
The short-term trend has been UP since Dec 26th, 2024 at 0.01695281
Smart Scan Analysis for INRCAD
Based on our trend formula, INRCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01686280 | 0.01696379 | 0.01686071 | 0.01693489 | +0.00007200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01686280 | 2024-12-26 22:23:01 |