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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Indian Rupee/Chinese Renminbi Yuan (FOREX:INRCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_INRCNY
Open High Low INRCNY Price Change
0.095016 0.095016 0.095016 0.095016 0.000000
Entry Signal

MarketClub’s Trade Triangles for INRCNY

long term down The long term trend has been DOWN since Feb 4th, 2019 at 0.093976

intermediate term up The intermediate term trend has been UP since Feb 12th, 2019 at 0.095800

short term down The short term trend has been DOWN since Feb 15th, 2019 at 0.094994

Smart Scan Analysis for INRCNY

Based on a pre-defined weighted trend formula for chart analysis, INRCNY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for INRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.095016 0.095016 0.095016 0.095016 0.000000
Prev. Close Volume Bid Ask Time
0.095016 0.094892 0.095140 2019-02-17 13:00:32
Want to analyze Indian Rupee/Chinese Renminbi Yuan INRCNY or another symbol? Try our Free Forex Trend Analysis Report.