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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Indian Rupee/South African Rand (FOREX:INRZAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_INRZAR
Open High Low INRZAR Price Change
0.206960 0.211035 0.206920 0.210025 +0.003065
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 Sep 3rd, 2019 at 0.210045

short term up The short term trend has been UP since Sep 18th, 2019 at 0.206840

Smart Scan Analysis for INRZAR

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

+65
Smart Scan Analysis for INRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.206960 0.211035 0.206920 0.210025 +0.003065
Prev. Close Volume Bid Ask Time
0.206960 0.209680 0.210370 2019-09-20 17:44:24
Want to analyze Indian Rupee/South African Rand INRZAR or another symbol? Try our Free Forex Trend Analysis Report.