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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Indian Rupee/Euro (FOREX:INREUR)

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_INREUR
Open High Low INREUR Price Change
0.01262229 0.01271005 0.01260479 0.01268522 +0.00006300
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long term trend has been DOWN since Aug 5th, 2019 at 0.0125820

intermediate term down The intermediate term trend has been DOWN since Oct 14th, 2019 at 0.0127390

short term up The short term trend has been UP since Dec 6th, 2019 at 0.0126512

Smart Scan Analysis for INREUR

Based on a pre-defined weighted trend formula for chart analysis, INREUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01262229 0.01271005 0.01260479 0.01268522 +0.00006300
Prev. Close Volume Bid Ask Time
0.01262229 0.01267234 0.01269809 2019-12-06 16:59:57
Want to analyze Indian Rupee/Euro INREUR or another symbol? Try our Free Forex Trend Analysis Report.