Forex Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Indian Rupee/Canadian Dollar (FOREX:INRCAD)
Strong Downtrend (-100) - INRCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRCAD
The long-term trend has been DOWN since Jun 1st, 2020 at 0.01809698
The intermediate-term trend has been DOWN since Oct 12th, 2020 at 0.01794677
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.01758923
Smart Scan Analysis for INRCAD
Based on our trend formula, INRCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).