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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

Open High Low AUDINR Price Change
48.2750 48.5805 48.2580 48.5610 +0.2860
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long term trend has been UP since Sep 3rd, 2019 at 48.8910

intermediate term up The intermediate term trend has been UP since Aug 13th, 2019 at 48.6405

short term down The short term trend has been DOWN since Sep 18th, 2019 at 48.7725

Smart Scan Analysis for AUDINR

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

Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.2750 48.5805 48.2580 48.5610 +0.2860
Prev. Close Volume Bid Ask Time
48.2750 48.5120 48.6100 2019-09-19 14:54:30
Want to analyze Australian Dollar/Indian Rupee AUDINR or another symbol? Try our Free Forex Trend Analysis Report.