Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Indian Rupee/US Dollar (FOREX:INRUSD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for INRUSD
The long term trend has been DOWN since Aug 5th, 2019 at 0.014089
The intermediate term trend has been DOWN since Oct 16th, 2019 at 0.013969
The short term trend has been DOWN since Oct 15th, 2019 at 0.014036
Smart Scan Analysis for INRUSD
Based on a pre-defined weighted trend formula for chart analysis, INRUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01399614 | 0.01406984 | 0.01399179 | 0.01405333 | +0.00005700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01399614 | 0.01404820 | 0.01405847 | 2019-10-17 23:07:39 |