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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Indian Rupee/Euro (FOREX:INREUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_INREUR
Open High Low INREUR Price Change
0.01267396 0.01269891 0.01265376 0.01269601 +0.00002200
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.01258200

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 0.01271069

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.01264432

Smart Scan Analysis for INREUR

Based on a pre-defined weighted trend formula for chart analysis, INREUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01267396 0.01269891 0.01265376 0.01269601 +0.00002200
Prev. Close Volume Bid Ask Time
0.01267396 0.01268311 0.01270890 2020-01-22 10:28:45
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