Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Indian Rupee/Chinese Yuan Renminbi (FOREX:INRCNY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_INRCNY
Open High Low INRCNY Price Change
0.09724825 0.09724825 0.09724825 0.09724825 0.00000000
Entry Signal

MarketClub’s Trade Triangles for INRCNY

long term down The long term trend has been DOWN since Nov 7th, 2019 at 0.09789500

intermediate term down The intermediate term trend has been DOWN since Dec 27th, 2019 at 0.09779369

short term up The short term trend has been UP since Jan 21st, 2020 at 0.09709066

Smart Scan Analysis for INRCNY

Based on a pre-defined weighted trend formula for chart analysis, INRCNY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for INRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09724825 0.09724825 0.09724825 0.09724825 0.00000000
Prev. Close Volume Bid Ask Time
0.09724825 0.09712109 0.09737541 2020-01-25 09:07:18
Get a free daily report for Indian Rupee/Chinese Yuan Renminbi (INRCNY) - Free Trend Analysis Report.