Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indian Rupee/Pakistani Rupee (FOREX:INRPKR)
Bear Market Rally (-75) - INRPKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRPKR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INRPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for INRPKR
The long-term trend has been DOWN since Oct 17th, 2023 at 3.3456251
The intermediate-term trend has been UP since Apr 19th, 2024 at 3.3405130
The short-term trend has been DOWN since May 3rd, 2024 at 3.3403447
Smart Scan Analysis for INRPKR
Based on our trend formula, INRPKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3334132 | 3.3338405 | 3.3334132 | 3.3338405 | +0.0004270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3334132 | 2024-05-08 16:10:18 |