Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Indian Rupee/South African Rand (FOREX:INRZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_INRZAR
Open High Low INRZAR Price Change
0.20167949 0.20268329 0.20074418 0.20180479 +0.00012500
Entry Signal

MarketClub’s Trade Triangles for INRZAR

long term down The long term trend has been DOWN since Nov 22nd, 2019 at 0.20351000

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 0.20258514

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 0.20304088

Smart Scan Analysis for INRZAR

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

-55
Smart Scan Analysis for INRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20167949 0.20268329 0.20074418 0.20180479 +0.00012500
Prev. Close Volume Bid Ask Time
0.20167949 0.20166898 0.20194059 2020-01-24 17:07:12
Get a free daily report for Indian Rupee/South African Rand (INRZAR) - Free Trend Analysis Report.