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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
0.01851575 0.01856247 0.01851426 0.01855000 +0.00003400
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long-term trend has been DOWN since Aug 5th, 2019 at 0.01888800

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.01847205

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 0.01859818

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
0.01851575 0.01856247 0.01851426 0.01855000 +0.00003400
Prev. Close Volume Bid Ask Time
0.01851575 0.01854721 0.01855278 2020-02-17 16:19:22
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