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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

Weak Downtrend (-65) - CADINR is showing signs of a strengthening downtrend. Monitor CADINR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CADINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADINR
Open High Low CADINR Price Change
59.496694 59.677116 59.392740 59.407540 -0.089154
Entry Signal

MarketClub’s Trade Triangles for CADINR

long term down The long-term trend has been DOWN since Nov 25th, 2024 at 59.811376

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 61.359448

short term up The short-term trend has been UP since Dec 24th, 2024 at 59.324361

Smart Scan Analysis for CADINR

Based on our trend formula, CADINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.496694 59.677116 59.392740 59.407540 -0.089154
Prev. Close Volume Bid Ask Time
59.496694 2025-01-02 11:37:59
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