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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_AUDINR
Open High Low AUDINR Price Change
50.519 50.672 50.447 50.564 +0.045
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term down The long term trend has been DOWN since Dec 18th, 2018 at 50.7495

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 50.2390

short term down The short term trend has been DOWN since Feb 21st, 2019 at 50.6585

Smart Scan Analysis for AUDINR

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

-100
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.519 50.672 50.447 50.564 +0.045
Prev. Close Volume Bid Ask Time
50.519 50.534 50.594 2019-02-22 06:51:46
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.