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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Indian Rupee/South African Rand (FOREX:INRZAR)

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_INRZAR
Open High Low INRZAR Price Change
0.201190 0.201650 0.201095 0.201515 +0.000325
Entry Signal

MarketClub’s Trade Triangles for INRZAR

long term up The long term trend has been UP since Mar 14th, 2019 at 0.209425

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2019 at 0.207075

short term up The short term trend has been UP since Jul 18th, 2019 at 0.203795

Smart Scan Analysis for INRZAR

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

+55
Smart Scan Analysis for INRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.201190 0.201650 0.201095 0.201515 +0.000325
Prev. Close Volume Bid Ask Time
0.201190 0.201450 0.201580 2019-07-19 04:03:19
Want to analyze Indian Rupee/South African Rand INRZAR or another symbol? Try our Free Forex Trend Analysis Report.