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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Sidelines Mode (-55) - AUDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDINR
Open High Low AUDINR Price Change
54.222905 54.255267 54.211055 54.239380 +0.016475
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 53.538664

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 53.991086

short term up The short-term trend has been UP since Apr 23rd, 2024 at 53.868405

Smart Scan Analysis for AUDINR

Based on our trend formula, AUDINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.222905 54.255267 54.211055 54.239380 +0.016475
Prev. Close Volume Bid Ask Time
54.222905 2024-04-25 00:49:37
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