Trend forecasts for currencies and commodities. Trends may last from few days to few months.
This section is just to highlight the effectiveness of our trend forecasting algorithm, we may randomly pick any security for forecasting.
For investing, trading, or hedging advice, contact us.
All prices are taken from www.investing.com.
|#||Security||Recommendation||Entry Price||Result||Gain %||Holding period (days)|
|1||EURUSD||Trend will be up||1.094||Shot up to 1.14|
|2||EURINR||Expected to rise||79.73||83.46||4.7%||11|
Exit from Copper near CMP 2.420. Buy signal was posted on 13th April, 2020 at 2.320.
Exit EURUSD near CMP 1.0936. Buy recommendation was given at 1.0827 on 28th Apri.
There is another buy signal in EURUSD at CMP of 1.0827. We had mentioned on February 28th that EURUSD is in uptrend, after that it had shot up to over 1.14 but fell down equally sharply. Its long term trend is still up and it has a strong support at 1.0775.
Exit from EURINR at CMP 83.53. Buy signal was posted on 8th April at 82.40.
Buy signal in copper at CMP 2.320.
At 26961, a downtrend signal was posted on 27 Feb, 2020. The downrend is near its end, we are closing this forecast at last price of 23433.
Buy signal is geneated on EURINR at CMP 82.40.
Exit from JPYINR buy at CMP 71.16. Buy signal was posted on 24th March at 68.75.
Buy JPYINR, CMP is 68.75
EURINR uptrend, posted on March 2, may pause for a while. CMP is 83.46, there are possiblities of resuming the trend after a consolidation/minor correction - or, may be it will resume the uptrend from here itsel bt we are closing our tracking of this forecast here.
EURINR is in uptrend and expected to rise further. CMP is 79.73.
DJI is in down trend, expected to fall further. Last closing was 26961.
EURUSD is in uptrend, expected to rise further. CMP is 1.0940