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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 CADINR Price Change
53.6595 54.1100 53.6595 54.0760 +0.4165
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term up The long term trend has been UP since Aug 5th, 2019 at 52.9455

intermediate term up The intermediate term trend has been UP since Jun 10th, 2019 at 52.3575

short term down The short term trend has been DOWN since Sep 11th, 2019 at 54.3010

Smart Scan Analysis for CADINR

Based on a pre-defined weighted trend formula for chart analysis, CADINR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.6595 54.1100 53.6595 54.0760 +0.4165
Prev. Close Volume Bid Ask Time
53.6595 54.0210 54.1310 2019-09-16 18:32:15
Want to analyze Canadian Dollar/Indian Rupee CADINR or another symbol? Try our Free Forex Trend Analysis Report.