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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_CADINR
Open High Low CADINR Price Change
54.190187 54.205160 54.190187 54.197543 +0.007356
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long term trend has been UP since Aug 5th, 2019 at 52.945500

intermediate term up The intermediate term trend has been UP since Oct 14th, 2019 at 53.843500

short term up The short term trend has been UP since Nov 6th, 2019 at 53.927935

Smart Scan Analysis for CADINR

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

+100
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.190187 54.205160 54.190187 54.197543 +0.007356
Prev. Close Volume Bid Ask Time
54.190187 54.145445 54.249641 2019-11-16 11:36:22
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.