Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Canadian Dollar/Indian Rupee (FOREX:CADINR)

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.

FOREX_CADINR
Open High Low CADINR Price Change
54.373129 54.460964 54.354236 54.444057 +0.070928
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 Dec 19th, 2019 at 54.222846

short term down The short term trend has been DOWN since Jan 20th, 2020 at 54.359430

Smart Scan Analysis for CADINR

Based on a pre-defined weighted trend formula for chart analysis, CADINR scored +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
54.373129 54.460964 54.354236 54.444057 +0.070928
Prev. Close Volume Bid Ask Time
54.373129 54.388737 54.499376 2020-01-20 12:57:04
Get a free daily report for Canadian Dollar/Indian Rupee (CADINR) - Free Trend Analysis Report.