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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Indian Rupee/Canadian Dollar (FOREX:INRCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_INRCAD
Open High Low INRCAD Price Change
0.018648 0.018648 0.018648 0.018648 0.000000
Entry Signal

MarketClub’s Trade Triangles for INRCAD

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.018888

intermediate term up The intermediate term trend has been UP since Sep 20th, 2019 at 0.018750

short term up The short term trend has been UP since Sep 20th, 2019 at 0.018704

Smart Scan Analysis for INRCAD

Based on a pre-defined weighted trend formula for chart analysis, INRCAD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for INRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.018648 0.018648 0.018648 0.018648 0.000000
Prev. Close Volume Bid Ask Time
0.018648 0.018642 0.018655 2019-09-21 11:59:45
Want to analyze Indian Rupee/Canadian Dollar INRCAD or another symbol? Try our Free Forex Trend Analysis Report.