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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
48.0505 48.0960 48.0505 48.0960 +0.0455
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 Apr 30th, 2019 at 49.0035

short term down The short term trend has been DOWN since May 14th, 2019 at 48.7715

Smart Scan Analysis for AUDINR

Based on a pre-defined weighted trend formula for chart analysis, AUDINR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.0505 48.0960 48.0505 48.0960 +0.0455
Prev. Close Volume Bid Ask Time
48.0505 47.4780 48.7140 2019-05-25 11:00:39
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.