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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Euro/Indian Rupee (FOREX:EURINR)

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_EURINR
Open High Low EURINR Price Change
78.6065 78.6160 78.5910 78.5910 -0.0155
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long term trend has been UP since Aug 5th, 2019 at 79.481

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2019 at 78.338

short term down The short term trend has been DOWN since Sep 11th, 2019 at 78.836

Smart Scan Analysis for EURINR

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

-70
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.6065 78.6160 78.5910 78.5910 -0.0155
Prev. Close Volume Bid Ask Time
78.6065 77.5920 79.5900 2019-09-15 22:07:33
Want to analyze Euro/Indian Rupee EURINR or another symbol? Try our Free Forex Trend Analysis Report.