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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

Indian Rupee/Chinese Yuan Renminbi (FOREX:INRCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
0.099821 0.099821 0.099654 0.099667 -0.000154
Entry Signal

MarketClub’s Trade Triangles for INRCNY

long term up The long term trend has been UP since May 16th, 2019 at 0.098249

intermediate term up The intermediate term trend has been UP since Jul 2nd, 2019 at 0.099871

short term down The short term trend has been DOWN since Jul 9th, 2019 at 0.100011

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
0.099821 0.099821 0.099654 0.099667 -0.000154
Prev. Close Volume Bid Ask Time
0.099821 0.099538 0.099796 2019-07-22 03:57:07
Want to analyze Indian Rupee/Chinese Yuan Renminbi INRCNY or another symbol? Try our Free Forex Trend Analysis Report.