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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Strong Downtrend (-100) - INRCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01651269 0.01654822 0.01649097 0.01649516 -0.00001800
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.01651811

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2021 at 0.01710233

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 0.01644100

Smart Scan Analysis for INRCAD

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

-100
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01651269 0.01654822 0.01649097 0.01649516 -0.00001800
Prev. Close Volume Bid Ask Time
0.01651269 2021-10-28 12:45:41
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