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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Japanese Yen/Indian Rupee (FOREX:JPYINR)
Weak Downtrend (-65) - JPYINR is showing signs of a strengthening downtrend. Monitor JPYINR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JPYINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYINR
The long-term trend has been DOWN since Mar 20th, 2024 at 0.54830710
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.54830710
The short-term trend has been UP since Apr 29th, 2024 at 0.53641523
Smart Scan Analysis for JPYINR
Based on our trend formula, JPYINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54489337 | 0.54860401 | 0.54395002 | 0.54541477 | +0.00052100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54489337 | 2024-05-03 16:49:10 |