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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Indian Rupee/Euro (FOREX:INREUR)

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_INREUR
Open High Low INREUR Price Change
0.012412 0.012412 0.012412 0.012412 0.000000
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long term trend has been DOWN since Aug 22nd, 2018 at 0.012330

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 0.012465

short term up The short term trend has been UP since Feb 20th, 2019 at 0.012415

Smart Scan Analysis for INREUR

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

+60
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012412 0.012412 0.012412 0.012412 0.000000
Prev. Close Volume Bid Ask Time
0.012412 0.012399 0.012424 2019-02-23 07:39:30
Want to analyze Indian Rupee/Euro INREUR or another symbol? Try our Free Forex Trend Analysis Report.