Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

/Indian Rupee (FOREX:CNHINR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_CNHINR
Open High Low CNHINR Price Change
10.2740 10.2740 10.2740 10.2740 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHINR

long term up The long term trend has been UP since Feb 8th, 2019 at 10.6300

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 10.4711

short term down The short term trend has been DOWN since Mar 1st, 2019 at 10.5700

Smart Scan Analysis for CNHINR

Based on a pre-defined weighted trend formula for chart analysis, CNHINR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CNHINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.2740 10.2740 10.2740 10.2740 0.0000
Prev. Close Volume Bid Ask Time
10.2740 10.2105 10.3375 2019-03-18 15:35:59
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